N.Y. Second Class Cities Law § 73: Fiscal year; departmental estimates

§ 73. Fiscal year; departmental estimates. The fiscal year of the city

shall commence on the first day of January. On or before the first day

of November in each year all heads of departments and officers empowered

by law or by city ordinance to control or authorize expenditures shall

furnish to the mayor estimates in writing of the amount of expenditures

for the next fiscal year in their respective departments or offices,

including a statement of the salaries of all their subordinates, which

estimates the mayor shall lay before the board of estimate and

apportionment at its first meeting thereafter, and the same shall be

entered in its minutes.