Local agencies are advised to consult with the division before preparing or submitting subsidy requisitions applicable to the year in which the project is declared substantially completed. Special problems may arise in connection with such requisitions, inasmuch as the first fiscal year of operations will ordinarily be a short year of less than 12 months.
N.Y. Comp. Codes R. & Regs. Tit. 9 §§ 1648-3.8