N.Y. Comp. Codes R. & Regs. tit. 8 § 170.13

Current through Register Vol. 46, No. 51, December 18, 2024

Section 170.13 - Definition of city funds for purposes of determining maintenance of effort for cities having a population of 125,000 or more inhabitants and less than one million inhabitant pursuant to education law, section 2576(5-b)

For purposes of this section and Education Law, section 2576(5-b), city funds shall mean funds of each city having a population of 125,000 or more inhabitants and less than one million inhabitants derived from any source except:

(a) funds contained within the capital budget;

(b) funds from county sales tax revenues shared with such city;

(c) funds derived from any Federal source; and

(d) funds derived from any State or private sources over which the city has no discretion, including:

(1) gifts for specific purposes;

(2) grants in aid for specific purposes; or

(3) insurance proceeds authorized pursuant to Education Law, section 1718(2) in addition to that which has been previously budgeted.

N.Y. Comp. Codes R. & Regs. Tit. 8 § 170.13