New York Proposal 1, Spending on Sewage Facilities Excluded from Debt Limits (2003)
Under the New York Constitution, the state's counties, cities, towns, and villages are under a constitutional debt limitation. However, any indebtedness that counties, cities, towns, and villages incur in the course of building or renovating sewage facilities was excluded from that constitutional debt limitation starting on January 1, 1962 and extending through January 1, 2004.
The impact of Proposal 1 was to extend that exemption for another ten years, through January 1, 2014.
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