N.Y. Const. art. VIII – Local Finances | Midpage

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New York State Constitution

VIII

N.Y. Const. art. VIII

Local Finances

1Gift or loan or credit of local subdivisions prohibited; exceptions for enumerated purposes 2Restrictions on indebtedness of local subdivisions; contracting and payment of local indebtedness; exceptions 2-aLocal indebtedness for water supply, sewage disposal and drainage facilities and purposes; allocations and exclusions of indebtedness 3Restrictions on creation and indebtedness of certain corporations 4Limitations on local indebtedness 5Ascertainment of debt-incurring power of counties, cities, towns and villages; certain indebtedness to be excluded 6Debt-incurring power of Buffalo, Rochester and Syracuse; certain additional indebtedness to be excluded 7Debt-incurring power of New York city; certain additional indebtedness to be excluded 7-aDebt-incurring power of New York city; certain indebtedness for railroads and transit purposes to be excluded 8Indebtedness not to be invalidated by operation of this article 9When debt-incurring power of certain counties shall cease 10Limitations on amount to be raised by real estate taxes for local purposes; exceptions 10-aApplication and use of revenues from certain public improvements 11Taxes for certain capital expenditures to be excluded from tax limitation 12Further limitations on local powers of taxation and indebtedness