N.Y. Executive Law § 423: Grants; raising and paying over of local funds

§ 423. Grants; raising and paying over of local funds. 1. The office,

with the approval of the governor, may accept as agent of the state any

gift or grant for any of the purposes of this article. Any moneys so

received may be expended by the office to effectuate any of the purposes

of this article, subject to the same limitations as to approval of

project, approval of expenditures and audit as are prescribed for state

moneys appropriated for the purposes of this article.

2. A board of education, board of trustees or trustee of a school

district may raise, appropriate and pay over to a municipality in which

it is in whole or in part located moneys to be expended by such

municipality for any purpose authorized by this article. Such a

municipality may accept and expend moneys so received only for such

purpose. Moneys so appropriated and paid over by a school district shall

not be included in computing the amount that should be apportioned to

such school district pursuant to article seventy-three of the education

law.