New York S04232 restricts the use of funds recovered from public authorities for governmental services to direct expenses of the authorities budget.

New York S04232 amends the public authorities law to ensure that funds recovered from public authorities for the provision of governmental services and allocated to the independent authorities budget office are only used for direct expenses of the authorities budget office. The bill explicitly prohibits the use of these funds for fringe benefits and indirect costs. This change aims to enhance financial transparency and accountability within the authorities budget office.

New York S04232 restricts the use of funds recovered from public authorities for governmental services to direct expenses of the authorities budget.

New York S04232 amends the public authorities law to ensure that funds recovered from public authorities for the provision of governmental services and allocated to the independent authorities budget office are only used for direct expenses of the authorities budget office. The bill explicitly prohibits the use of these funds for fringe benefits and indirect costs. This change aims to enhance financial transparency and accountability within the authorities budget office.