(a) Such an amount as may be provided therefor by budgetary appropriation or transfer or raised by tax therefor.
(b) Such revenues as are not required by law to be paid into any other fund or account, including the proceeds from the sale of any capital improvement or equipment owned by such town. 3. An expenditure may be made from the fund only by an authorization of the town board and only for a specific object or purpose having a period of probable usefulness of at least five years pursuant to paragraph a of section 11.00 of the local finance law. The authorization of such an expenditure shall be subject to a permissive referendum in the manner provided by article seven of this chapter. No expenditure from the fund shall be authorized for that part of the cost of any object or purpose which is to be borne by (a) assessments for benefit, (b) ad valorem taxes upon the real property within an area of benefit within the town, or, (c) ad valorem taxes upon the real property within an area of the town less than the entire area. 4. Nothing contained in this article shall be deemed to prevent the temporary advance of the moneys in the fund pursuant to the provisions of section 165.10 of the local finance law.
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.