LegalFix

132.00 - Debt Statements; Agency Preparing.

NY Loc Fin L § 132.00 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

§ 132.00 Debt statements; agency preparing. a. The debt statement shall be prepared by the chief fiscal officer of the municipality, fire district or school district. If, however, a municipality, school district or fire district does not have a chief fiscal officer, then such statement shall be prepared by the finance board thereof.

b. Municipalities, school districts in cities and fire districts shall prepare debt statements pursuant to sections 135.00 and 136.00 of this chapter. School districts, other than school districts in cities, shall prepare debt statements pursuant to section 137.00 of this chapter. The provisions of sections 138.00 through 141.00, inclusive, of this chapter, shall apply to the debt statements prepared by municipalities, fire districts and school districts.

c. Each debt statement of a municipality, a school district in a city or a first district shall contain a schedule of the obligations authorized to be issued but which in fact have not been issued. Each debt statement of a school district, other than a school district in a city, shall contain a schedule of the bonds and bond anticipation notes authorized to be issued by resolution but which in fact have not been issued. Any such schedule shall be arranged so as to show the date of such authorizations, the type and amount of obligations remaining unissued and the object or purpose for which such obligations were authorized. The foregoing provisions of this paragraph c shall not apply to a city containing more than one county, and in any such city the debt statement shall contain a summary statement of the total amount of each type of obligation authorized to be issued but which in fact has not been issued.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
132.00 - Debt Statements; Agency Preparing.