N.Y. Environmental Conservation Law 21-0905 – Budget
§ 21-0905. Budget.
Terms Used In N.Y. Environmental Conservation Law 21-0905
- 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
- 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.
1. The Great Lakes Commission shall submit annually to the Commissioner of Environmental Conservation, in accordance with the laws and practice of this state, for study and consideration by such commissioner, an estimate of moneys required to administer, manage and support the commission during the ensuing fiscal year. Such estimate shall include any requests for appropriation of funds by New York state and shall be accompanied by a tabulation of similar requests which the commission expects to make to each other member state and the formula or factors upon which such respective requests are based.
2. The Commissioner of Environmental Conservation shall include a suitable item or items of estimated expenditures for the Great Lakes Commission in the budget estimates of his department.