State Codes and Statutes

Statutes > New-york > Stf > Article-5-b > 67-a

§  67-a.  Definitions.  When  used in this article the following terms  shall have the meanings set forth below:    1. "State-supported debt" shall mean any  bonds  or  notes,  including  bonds  or  notes  issued  to  fund  reserve funds and costs of issuance,  issued by the state or a state public corporation for which the state is  constitutionally obligated to  pay  debt  service  or  is  contractually  obligated  to pay debt service subject to an appropriation, except where  the state has a contingent contractual obligation.    2. "Total personal income of the state" shall mean the  most  recently  published  estimate  of  the  immediately preceding calendar year annual  total personal income of the state of  New  York  as  published  by  the  United  States department of commerce or any successor agency from which  information  is  available  most  proximate   and   prior   to   October  thirty-first,  two thousand one and to October thirty-first of each year  thereafter. Subsequent  revisions  of  the  published  estimated  dollar  amount  for any calendar year estimate employed pursuant to the terms of  this subdivision shall not affect the validity of the determination made  for any fiscal year.    3. "Total governmental funds receipts" shall mean the total amount  of  receipts  of all governmental funds of the state including general fund,  special revenue funds, capital funds and debt service funds  as  finally  reported  by the state comptroller on a cash basis of accounting for the  state fiscal year, but shall exclude cash transfers  between  funds  and  include  any  cash  management  or  other  related  transactions whereby  receipts in  a  state  fiscal  year  were  reduced  and  maintained  for  subsequent use.    4. "Capital work or purpose" shall mean any project involving:    (i)  the  acquisition,  construction,  demolition, or replacement of a  fixed asset or assets;    (ii) the major repair or renovation of a fixed asset, or assets  which  materially  extends  its useful life or materially improves or increases  its capacity; or    (iii)  the  planning  or  design  of  the  acquisition,  construction,  demolition,  replacement, major repair or renovation of a fixed asset or  assets, including the preparation and review of plans and specifications  including engineering and other services, field surveys and  sub-surface  investigations incidental thereto.

State Codes and Statutes

Statutes > New-york > Stf > Article-5-b > 67-a

§  67-a.  Definitions.  When  used in this article the following terms  shall have the meanings set forth below:    1. "State-supported debt" shall mean any  bonds  or  notes,  including  bonds  or  notes  issued  to  fund  reserve funds and costs of issuance,  issued by the state or a state public corporation for which the state is  constitutionally obligated to  pay  debt  service  or  is  contractually  obligated  to pay debt service subject to an appropriation, except where  the state has a contingent contractual obligation.    2. "Total personal income of the state" shall mean the  most  recently  published  estimate  of  the  immediately preceding calendar year annual  total personal income of the state of  New  York  as  published  by  the  United  States department of commerce or any successor agency from which  information  is  available  most  proximate   and   prior   to   October  thirty-first,  two thousand one and to October thirty-first of each year  thereafter. Subsequent  revisions  of  the  published  estimated  dollar  amount  for any calendar year estimate employed pursuant to the terms of  this subdivision shall not affect the validity of the determination made  for any fiscal year.    3. "Total governmental funds receipts" shall mean the total amount  of  receipts  of all governmental funds of the state including general fund,  special revenue funds, capital funds and debt service funds  as  finally  reported  by the state comptroller on a cash basis of accounting for the  state fiscal year, but shall exclude cash transfers  between  funds  and  include  any  cash  management  or  other  related  transactions whereby  receipts in  a  state  fiscal  year  were  reduced  and  maintained  for  subsequent use.    4. "Capital work or purpose" shall mean any project involving:    (i)  the  acquisition,  construction,  demolition, or replacement of a  fixed asset or assets;    (ii) the major repair or renovation of a fixed asset, or assets  which  materially  extends  its useful life or materially improves or increases  its capacity; or    (iii)  the  planning  or  design  of  the  acquisition,  construction,  demolition,  replacement, major repair or renovation of a fixed asset or  assets, including the preparation and review of plans and specifications  including engineering and other services, field surveys and  sub-surface  investigations incidental thereto.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Stf > Article-5-b > 67-a

§  67-a.  Definitions.  When  used in this article the following terms  shall have the meanings set forth below:    1. "State-supported debt" shall mean any  bonds  or  notes,  including  bonds  or  notes  issued  to  fund  reserve funds and costs of issuance,  issued by the state or a state public corporation for which the state is  constitutionally obligated to  pay  debt  service  or  is  contractually  obligated  to pay debt service subject to an appropriation, except where  the state has a contingent contractual obligation.    2. "Total personal income of the state" shall mean the  most  recently  published  estimate  of  the  immediately preceding calendar year annual  total personal income of the state of  New  York  as  published  by  the  United  States department of commerce or any successor agency from which  information  is  available  most  proximate   and   prior   to   October  thirty-first,  two thousand one and to October thirty-first of each year  thereafter. Subsequent  revisions  of  the  published  estimated  dollar  amount  for any calendar year estimate employed pursuant to the terms of  this subdivision shall not affect the validity of the determination made  for any fiscal year.    3. "Total governmental funds receipts" shall mean the total amount  of  receipts  of all governmental funds of the state including general fund,  special revenue funds, capital funds and debt service funds  as  finally  reported  by the state comptroller on a cash basis of accounting for the  state fiscal year, but shall exclude cash transfers  between  funds  and  include  any  cash  management  or  other  related  transactions whereby  receipts in  a  state  fiscal  year  were  reduced  and  maintained  for  subsequent use.    4. "Capital work or purpose" shall mean any project involving:    (i)  the  acquisition,  construction,  demolition, or replacement of a  fixed asset or assets;    (ii) the major repair or renovation of a fixed asset, or assets  which  materially  extends  its useful life or materially improves or increases  its capacity; or    (iii)  the  planning  or  design  of  the  acquisition,  construction,  demolition,  replacement, major repair or renovation of a fixed asset or  assets, including the preparation and review of plans and specifications  including engineering and other services, field surveys and  sub-surface  investigations incidental thereto.

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