New York Town Law Article 8 - FINANCES

• 100 - Application.
  This article shall apply to all towns.
• 101 - Fiscal Year.
  The fiscal year of all towns shall begin on the first day of January and end on the thirty-first day of December in each year.
• 102 - Budget System.
  The provisions of section one hundred two to section one hundred fifteen, inclusive, shall be known as the budget system.
• 103 - Definitions.
  For the purpose of this article, the following terms shall be defined as follows: 1. "Administrative unit" shall mean an office, department, division, bureau, board,...
• 104 - Submission of Estimates.
  1. The head of each administrative unit, except as otherwise provided in section two hundred two-a of this chapter, shall submit on or before the...
• 105 - Fire District Estimates and Budget.
  1. The board of commissioners of each fire district shall submit the fire district budget on or before the seventh day of November to the...
• 106 - Preparation, Filing and Review of Tentative and Preliminary Budgets.
  1. The budget officer, upon receipt of the estimates of the various administrative units, shall review the estimates and may confer with the head of...
• 107 - Contents of Preliminary Budget.
  1. The preliminary budget shall be in the format prescribed by the state comptroller. The preliminary budget shall show by funds (a) proposed appropriations and...
• 108 - Public Hearing.
  The town board shall hold a public hearing on the preliminary budget showing such changes, alterations and revisions as shall have been made therein by...
• 109 - Final Revision and Adoption of Budget.
  1. After the public hearing, the town board may further change, alter and revise the preliminary budget, subject, however, to the requirements of subdivision one...
• 110 - Encumbering Appropriations.
  The head of each administrative unit shall file a list of unpaid obligations with the supervisor at the close of the fiscal year. The supervisor...
• 111 - Lapse of Appropriations.
  Each appropriation to the extent that it shall not have been expended or obligated, shall lapse at the close of the fiscal year for which...
• 112 - Supplemental Appropriations; Unappropriated Unreserved Fund Balances.
  1. The town board, during a fiscal year, by resolution, may make additional appropriations or increase existing appropriations and shall provide for the financing thereof....
• 113 - Transfers From General Purpose Funds to Other Funds.
  Notwithstanding any other provision of law, the town board may, by resolution, authorize the transfer of surplus moneys, contingent appropriations, and unexpended balances (1) from...
• 114 - Interest Charges Against Districts.
  The town board may include in the annual budget a charge against any district for the amount of any interest paid or to be paid...
• 115 - Tax Levy.
  The town clerk shall prepare and certify in duplicate a copy of the annual budget as adopted by the town board, together with the estimates,...
• 116 - Town Charges.
  Except as herein otherwise provided, towns may incur obligations for any purpose necessary to give effect to the powers herein granted, including but not limited...
• 117 - Certain Contracts and Expenditures Prohibited.
  Except as authorized by law, no officer, board, department or commission shall during any fiscal year expend or contract to be expended any money or...
• 118 - Form of Claims.
  1. Except as otherwise provided by this section, no claim against a town, except for a fixed salary, for compensation for services of officers or...
• 119 - Audit of Claims and Issuance of Warrants.
  1. In a town in which there is no town comptroller, the town clerk shall cause each claim presented to the town board for audit...
• 120 - Payrolls to Be Certified.
  All payrolls, or other claims for compensation, for personal services rendered to the town by any person other than an elective town officer shall be...
• 121 - Payment of Judgments and Compromised Actions, Proceedings or Claims.
  Whenever a final judgment has been recovered against a town, or an action, proceeding or claim has been compromised or settled in the manner provided...
• 122 - Advertising for Bids; Letting of Contracts.
  Every officer, board or agency of a town shall let all contracts for public work and all purchase contracts to the lowest responsible bidder after...
• 122-a - Purchasing of Products for Public Use.
  Notwithstanding the provisions of section one hundred three of the general municipal law, when purchasing products the officer, board or agency of a town may,...
• 123 - Annual Accounting by Town Officers and Employees.
  On or before the twentieth day of January each person, who as a town officer or employee received or disbursed any moneys in the previous...
• 124 - Designation of the Comptroller As Accounting Officer.
  Notwithstanding any other provision of this chapter, the town board of a town in which the office of comptroller has been established may, by resolution,...
• 125 - Duties of Supervisor.
  Except where duties specified herein are devolved upon the town comptroller pursuant to section thirty-four of this chapter, the supervisor of each town shall have...

Last modified: February 3, 2019