§ 260 Payment of cost of state highway
§ 261 Apportionment and source of funds
§ 262 Appropriations by state for the maintenance, repair, and reconstruction of state highways and state owned bridges thereon
§ 263 Payment for construction in connection with railroad grade crossing eliminations
§ 264 Provision of funds by county or town
§ 265 Levy of tax upon county
§ 266 Payment for machinery, tools, equipment and implements
§ 269 Extraordinary repairs of highways and bridges
§ 270 Audit of damages without action
§ 271 Limitations of amounts to be raised
§ 272 Submission of propositions at town meetings
§ 274 Provision of funds for bridge and highway purposes
§ 274-A Power of county, city or town to provide funds for snow removal
§ 277 Assessment of village property
§ 278 Statement by clerk of board of supervisors
§ 280 Additional amount of state aid
§ 281 Mileage and actual valuation
§ 282 Apportionment and payment of state money; liability
§ 283 Custody of highway moneys
§ 284 Expenditures for repair and improvement of highways
§ 285 Expenditures for bridges and other highway purposes
§ 285-A Transfers between highway fund accounts
§ 291 Compensation of supervisor and town clerk
§ 292 Additional expenditure for improvement, repair and maintenance of town highways

Terms Used In New York Laws > Highway > Article 10 - Finances

  • Appraisal: A determination of property value.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • City: shall mean the city of New York;
    N.Y. Public Authorities Law 2799-BBBB
  • Commissioner: shall mean the commissioner of homes and community renewal;
    N.Y. Public Authorities Law 2799-BBBB
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: shall mean the Roosevelt Island operating corporation created by this section;
    N.Y. Public Authorities Law 2799-BBBB
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Decedent: A deceased person.
  • Division: shall mean the New York state division of housing and community renewal;
    N.Y. Public Authorities Law 2799-BBBB
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: shall mean the lease, dated December twenty-third, nineteen hundred sixty-nine, as heretofore or hereafter amended, among the city of New York, the New York state urban development corporation and the Roosevelt Island development corporation, pursuant to which the city leased substantially all of Roosevelt Island to the New York state urban development corporation for development substantially in accordance with the development plan referred to therein;
    N.Y. Public Authorities Law 2799-BBBB
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Oath: A promise to tell the truth.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Office: means the office of general services. See N.Y. Public Authorities Law 2875-A
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Personal property: All property that is not real property.
  • Quorum: The number of legislators that must be present to do business.
  • Ranking minority member: The highest ranking (and usually longest serving) minority member of a committee or subcommittee.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Roosevelt Island: shall mean the island located in the east river, city and county of New York, extending from approximately fiftieth street to eighty-sixth street in Manhattan;
    N.Y. Public Authorities Law 2799-BBBB
  • Statute: A law passed by a legislature.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Trustee: A person or institution holding and administering property in trust.
  • Urban development corporation: shall mean the New York state urban development corporation and any successor agency. See N.Y. Public Authorities Law 2799-BBBB