New York Codes, Rules and Regulations
Title 2 - DEPARTMENT OF AUDIT AND CONTROL
Chapter I - Audit Of Revenues And Accounts Payable From State Funds And Funds Under Its Control
Part 1 - General Provisions
Section 1.5 - Expenditure of state moneys other than moneys appropriated

Universal Citation: 2 NY Comp Codes Rules and Regs ยง 1.5
Current through Register Vol. 46, No. 12, March 20, 2024

No expenditure can be made from moneys received by or in behalf of the State and which are not appropriated by the Legislature until a schedule of positions and the salaries thereof, or rate of compensation where the position is not salaried, and of the amounts to be available for expense of other maintenance and operation, shall have been submitted by the agency affected to the director of the budget and his certificate of approval filed with the chairman of the Senate Finance Committee, the chairman of the Assembly Ways and Means Committee and the State Comptroller. However, this rule shall not apply to amounts expended by the Banking Department or the Insurance Department in the liquidation or rehabilitation of moneyed corporations or private bankers. (State Finance Law, §53.)

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