N.Y. General Municipal Law § 402: Declaration of policy

§ 402. Declaration of policy. It is hereby declared to be the policy

of this state that any municipality acquiring, constructing,

reconstructing, improving, bettering or extending an undertaking

pursuant to this article shall manage such undertaking in the most

efficient manner consistent with sound economy and public advantage to

the end that the services of the undertaking shall be furnished at the

lowest possible cost. No municipality shall operate such undertaking

primarily as a source of revenue to the municipality, but shall operate

such undertaking for the use and benefit of those served by such

undertaking and for the promotion of the welfare and for the improvement

of the health, safety, comfort and convenience of the inhabitants of the

municipality.