New York Laws > General City > Article 2-C – Prohibition of Certain Expenditures of Cities
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§ 25 | Increasing compensation during fiscal year prohibited |
Terms Used In New York Laws > General City > Article 2-C - Prohibition of Certain Expenditures of Cities
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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.
- Personal property: All property that is not real property.