There is a newer version
of
the New York Laws
2018 New York Laws
TWN - Town
Article 8 - Finances
111 - Lapse of Appropriations.
Universal Citation: NY Town L § 111 (2018)
§ 111. Lapse of appropriations. Each appropriation to the extent that it shall not have been expended or obligated, shall lapse at the close of the fiscal year for which made, except that an appropriation for a capital project shall continue in force until the purposes for which it was made shall have been accomplished or abandoned.
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