9 CRR-NY 1642-2.1NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 9. EXECUTIVE DEPARTMENT
SUBTITLE S. DIVISION OF HOUSING AND COMMUNITY RENEWAL
CHAPTER III. LOW RENT HOUSING
SUBCHAPTER D. ACCOUNTING MANUAL FOR PUBLIC HOUSING AGENCIES
PART 1642. BASIC INSTRUCTIONS
SUBPART 1642-2. DISBURSEMENT PROCEDURE
9 CRR-NY 1642-2.1
9 CRR-NY 1642-2.1
1642-2.1 General.
No disbursements of local agency funds shall be made without the proper authorizations, as follows:
(a) Authorization for the incurring of the liability or obligation which the disbursement is to discharge in whole or in part.
The incurring of the liability or obligation is termed a commitment.
(b) Authorization for the issuance of a check or the outlay of cash.
The issuance of a check or the outlay of cash, or the equivalent, is termed a disbursement. The authorization for the issuance of a check shall be an approved accounts payable voucher properly supported (see § 1642-2.4). Disbursements in the form of cash are limited to items of a petty cash nature (see § 1642-2.5, Petty cash fund, below). Authorization for the outlay of cash shall be an approved petty cash voucher. Vouchered liabilities are termed expenditures.
9 CRR-NY 1642-2.1
Current through September 15, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.