New York A03958 amends the education law to adjust the computation of building aid for the Boquet Valley Central School District.
New York A03958 amends the education law to adjust the computation of building aid for the Boquet Valley Central School District. It specifies that multi-year cost allowances for construction, reconstruction, or modernizing of a single project can be established and utilized twice within the first five-year period. Subsequent allowances must be established no sooner than ten years after the first maximum cost allowance. The act takes effect immediately.
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