N.Y. Education Law § 1718: Limitation upon expenditures

§ 1718. Limitation upon expenditures. 1. No board of education shall

incur a district liability in excess of the amount appropriated by a

district meeting unless such board is specially authorized by law to

incur such liability.

2. Notwithstanding the provisions of subdivision one of this section,

grants in aid received from the state and federal governments for

specific purposes, other state grants in aid identified by the

commissioner for general use as specified by the board of education,

other gifts which are required to be spent for particular objects or

purposes and insurance proceeds received for the loss, theft, damage or

destruction of real or personal property, when proposed to be used or

applied to repair or replace such property, may be appropriated by

resolution of the board of education at any time for such objects or

purposes.