N.Y. Local Finance Law § 108.00: Financing of safety net assistance on a pay-as-you-go basis

§ 108.00 Financing of safety net assistance on a pay-as-you-go basis.

In the fiscal year of a county, city or town commencing during the

calendar year nineteen hundred forty-four, and in each succeeding fiscal

year, the total amount of the local share of safety net assistance of

such a municipality shall be financed from moneys other than the

proceeds of bonds, capital notes or budget notes. If in such fiscal year

or the fiscal years succeeding, a supplemental appropriation is made for

safety net assistance, the total amount of the local share thereof shall

be financed by the issuance of budget notes or from moneys derived from

sources other than the proceeds of bonds or capital notes.