N.Y.C. Admin. Code § 24-345: § 24-345 Pay-as-you-go financing for certain water pollution control projects.

a. Subject to the provisions of subdivision c and subdivision d of this section, for the fiscal year commencing July first, nineteen hundred seventy-seven and for each succeeding fiscal year, a direct mandatory budget appropriation shall be made for the city's per centum share of the costs of the north river water pollution control project, the oakwood beach water pollution control project and the red hook water pollution control project payable during such fiscal year.

b. The budgetary appropriations made to pay part of the annual costs of such projects shall be in amounts consistent with the requirements of any final judgment, decree or order of any federal court which sets forth a schedule for the completion of such projects.

c. For the fiscal year commencing July first, nineteen hundred seventy-seven, such appropriation shall not exceed the sum of eight million dollars.

d. The aggregate amount of such annual appropriations shall not exceed the sum of seventy-nine million dollars.