1. The Laws of New York
  2. Consolidated Laws
  3. Town
  4. Article 8: Finances

Section 111 Lapse of appropriations

Town (TWN)

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 made, except that an appropriation for a capital project shall continue in force until the purposes for which it was made shall have been accomplished or abandoned.