N.Y. Highway Law § 261: Apportionment and source of funds

§ 261. Apportionment and source of funds. Construction of highways

under this chapter shall proceed equitably among counties as far as

practicable, using as a basis the ratio that the unbuilt mileage in each

county bears to the total unbuilt mileage in the state, as herein

provided. The funds necessary to provide for the construction or

improvement of the highways designated in sections three hundred and

forty and three hundred and forty-one of this chapter shall be derived

from the proceeds of the sale of any bonds duly authorized for the

construction or improvement of highways, from funds contributed by act

of congress to the state of New York, for the construction of rural post

roads, from funds furnished by the counties, towns or other

municipalities as provided by this chapter, or from funds derived from

direct appropriations by the legislature.

The obligation of the state for any improvement provided in this

chapter, based on the engineer's estimate of the cost may be reduced

upon the award of a contract therefor at an amount under which the cost

to the state will be less than the original obligation.