Nothing contained in this act shall be construed to limit the power of the city of Troy or a covered organization during any emergency period to determine, from time to time, within available funds for the city of Troy or for such covered organization, the purposes for which expenditures are to be made by the city of Troy or such covered organization and the amounts of such expenditures, consistent with the aggregate expenditures then permitted under the financial plan for the city of Troy or such covered organization.
N.Y. City of Troy Issuance of Serial Bonds Law § 1-d