New York enacts the "City of Dunkirk Revenue Anticipation Note Refinancing Act" to authorize a state loan to the city of Dunkirk and appropriate.

The "City of Dunkirk Revenue Anticipation Note Refinancing Act" authorizes a loan from the state to the city of Dunkirk to address a budgetary deficit. The loan is backed by the full faith and credit of the city. The act appropriates up to $13.7 million from the state treasury to refinance the city's revenue anticipation note due July 24, 2025. The loan has a 15-year amortization period and a 7.5% interest rate. The city must repay the loan according to a schedule provided by the state budget director.

New York enacts the "City of Dunkirk Revenue Anticipation Note Refinancing Act" to authorize a state loan to the city of Dunkirk and appropriate.

The "City of Dunkirk Revenue Anticipation Note Refinancing Act" authorizes a loan from the state to the city of Dunkirk to address a budgetary deficit. The loan is backed by the full faith and credit of the city. The act appropriates up to $13.7 million from the state treasury to refinance the city's revenue anticipation note due July 24, 2025. The loan has a 15-year amortization period and a 7.5% interest rate. The city must repay the loan according to a schedule provided by the state budget director.