Fund State Debt Payments

Section 1. The several sums specified in this section, or so much thereof as may be sufficient to accomplish in full the purposes designated by the appropriations, are hereby appropriated to be paid as herein provided for the funds and purposes specified and are made available for the fiscal year beginning April 1, 2017.

DEBT SERVICE FUND--GENERAL DEBT SERVICE FUND

Maintenance undistributed For the legal requirements of principal, interest, and

related expenses on general obligation bonds, special

contractual and revenue bond obligations, as issued

pursuant to articles 5-C and 5-F of the state finance

law and payments for interest rate exchange and similar

agreements, in accordance with the following schedule .. 6,536,700,000

==============

EXPLANATION--Matter in italics (underscored) is new; matter in brackets

[ ] is old law to be omitted.

LBD12552-02-7

S. 2002--A 2 A. 3002--A

SCHEDULE

GENERAL OBLIGATION PAYMENTS The sum of $477,500,000, or so much thereof as may be

necessary, is hereby appropriated for payment by the

state comptroller for general obligation bonds issued in

connection with pure waters, environmental quality,

transportation capital facilities, rail preservation,

outdoor recreation development, energy conservation

through improved transportation, parks and recreation

land acquisition, rebuild New York through transporta-

tion infrastructure renewal, accelerated capacity and

transportation improvements of the nineties, clean

water/clean air, rebuild and renew New York transporta-

tion, and smart schools purposes, in accordance with the

following sub-schedule ................................... 477,500,000

--------------

sub-schedule

Debt service payments ...................................... 475,000,000 Related expenses ............................................. 2,500,000

-------------- Total of sub-schedule ...................................... 477,500,000

==============

SPECIAL CONTRACTUAL OBLIGATION PAYMENTS The several sums, or so much thereof as may be sufficient

to accomplish in full the purposes designated by the

appropriations, are hereby appropriated and are, subject

to the issuance of certificates of approval of avail-

ability by the director of the budget, available for the

purpose of making payments for special contractual obli-

gations, in accordance with the following schedule ..... 1,078,200,000

--------------

SCHEDULE

For payment to the Urban Development Corpo-

ration pursuant to the provisions of an

agreement or agreements of lease and

sublease entered into between, but not

limited to, the Urban Development Corpo-

ration, the Office of General Services and

the Department of Correctional Services

for the rental of correctional facilities ... 21,000,000 For payment according to the following sub-

schedule to the Urban Development Corpo-

ration for project revenue bonds, pursuant

to the provisions of certain agreements of

lease between the entities designated on

the following sub-schedule and the state

of New York and the assignment of rent

thereof to the Urban Development Corpo-

ration ....................................... 8,500,000

S. 2002--A 3 A. 3002--A

sub-schedule

Cornell University (Supercom-

puter Center) .................... 700,000 Columbia University (Telecom-

munications Center) ............ 4,800,000 Clarkson University .............. 1,100,000 University Grants 95 Refunding ... 1,900,000

--------------

Total of sub-schedule .......... 8,500,000

--------------

For payment to the Housing Finance Agency

and the Urban Development Corporation for

payment of bonds issued to finance the

State's housing programs .................... 45,000,000 For payment to the Metropolitan Transporta-

tion Authority, pursuant to state service

contracts authorized by section 16 of

chapter 314 of the laws of 1981, section

42 of chapter 929 of the laws of 1986, as

amended by chapter 13 of the laws of 1987,

and section 34 of part O of chapter 61 of

the laws of 2000 ............................ 80,000,000 For payment to the State University

Construction Fund, for payment to the

Dormitory Authority, pursuant to paragraph

(e) of subdivision 19 of section 1680 of

the public authorities law, to pay for

bonds or notes issued by such authority,

pursuant to agreements between the State

University Construction Fund, State

University of New York and the Dormitory

Authority, relating to State University

education facilities. Notwithstanding the

provisions of section 40 of the state

finance law or any other provision of law

to the contrary, this appropriation shall

remain in full force and effect until

April 30, 2018 ............................. 210,000,000 For payment to the State University

Construction Fund, for payment to the

Dormitory Authority, in accordance with

subdivision 8 of section 6304 of the

education law, for bonds, notes, or other

obligations issued by such authority,

pursuant to an agreement or agreements

among the State University of New York,

various community colleges and their spon-

sors, and the Dormitory Authority for

educational facilities of community

colleges ..................................... 6,000,000 For payment to the City University Construc-

tion Fund for City University senior

colleges and for community colleges.

Moneys hereby appropriated, or portions

S. 2002--A 4 A. 3002--A

thereof, are for payments net of all

interest and investment earnings on senior

and community college payments and other

excess earnings held by the City Universi-

ty Construction Fund, in accordance with

the following sub-schedule ................. 165,000,000

sub-schedule

City University senior

colleges ..................... 150,000,000 City University community

colleges ...................... 15,000,000

--------------

Total of sub-schedule ........ 165,000,000

--------------

For payment to the Thruway Authority, pursu-

ant to section 380 of the public authori-

ties law, to pay for Local Highway and

Bridge Service Contract bonds or notes

issued by such authority pursuant to an

agreement between the Thruway Authority

and the state .............................. 110,000,000 For payment to the Environmental Facilities

Corporation, pursuant to subdivision 1 of

section 1290 of the public authorities

law, to pay for bonds or notes issued by

such authority pursuant to a lease agree-

ment between the Environmental Facilities

Corporation and the Office of Parks,

Recreation and Historic Preservation

relating to the financing of Riverbank

State Park ................................... 5,200,000 For payment according to the following sub-

schedule for bonds issued to finance

consolidated service contract refundings ... 405,000,000

--------------

sub-schedule

Urban Development Corporation .. 300,000,000 Dormitory Authority ............. 95,000,000 Thruway Authority ............... 10,000,000

--------------

Total of sub-schedule ........ 405,000,000

--------------

Total of debt service schedule ............. 1,055,700,000

--------------

For payment of related expenses in accord-

ance with the following schedule.

S. 2002--A 5 A. 3002--A

SCHEDULE

Urban Development Corporation .................. 3,500,000 Housing Finance Agency ......................... 1,500,000 Dormitory Authority ............................ 7,500,000 Dormitory Authority Capital Expenses ........... 9,500,000 Environmental Facilities Corporation ............. 200,000 Thruway Authority ................................ 300,000

-------------- Total of related expenses schedule ............ 22,500,000

--------------

Total of schedules ......................... 1,078,200,000

==============

REVENUE BOND FINANCING AGREEMENT PAYMENTS The several sums, or so much thereof as may

be necessary, are hereby appropriated for

payment to the dormitory authority, the

environmental facilities corporation, the

housing finance agency, the thruway

authority, and the urban development

corporation and are, subject to the issu-

ance of certificates of approval of avail-

ability by the director of the budget,

available for the purpose of making

financing agreement payments related to

personal income tax revenue bond obli-

gations, as authorized pursuant to article

5-C of the state finance law and in

accordance with the following schedule ... 4,228,000,000

--------------

SCHEDULE

Debt Service Payment ....................... 4,200,000,000 Related Expenses .............................. 28,000,000

-------------- Total of schedule .......................... 4,228,000,000

==============

REVENUE BOND FINANCING AGREEMENT PAYMENTS The several sums, or so much thereof as may

be necessary, are hereby appropriated for

payment to the dormitory authority, the

thruway authority, and the urban develop-

ment corporation and are, subject to the

issuance of certificates of approval of

availability by the director of the bud-

get, available for the purpose of making

financing agreement payments related to

sales tax revenue bond obligations, as

authorized pursuant to article 5-F of the

state finance law and in accordance with

the following schedule ..................... 753,000,000

--------------

S. 2002--A 6 A. 3002--A

SCHEDULE

Debt Service Payments ........................ 750,000,000 Related Expenses ............................... 3,000,000

-------------- Total of schedule ............................ 753,000,000

==============

Total of schedule ........................................ 6,536,700,000

==============

DEBT SERVICE FUND--HOUSING DEBT FUND

GENERAL OBLIGATION PAYMENTS The sum of $6,500,000, or so much thereof as may be neces-

sary, is hereby appropriated for payment by the state

comptroller of principal and interest on general obli-

gation bonds issued in connection with state housing

(low cost, middle income and urban renewal) ................ 6,500,000

==============

DEBT SERVICE FUND--HEALTH INCOME FUND

For debt service and related expenses in accordance with

the following schedule .................................... 33,000,000

--------------

SCHEDULE

The sum of $27,000,000, or so much thereof as may be

necessary of operating revenues received from department

of health facilities other than the New York City Veter-

ans' Home, is hereby appropriated for payment by the

state comptroller of all obligations under the terms of

agreements between the health department and the dormi-

tory authority ............................................ 27,000,000 The sum of $2,000,000, or so much thereof as may be neces-

sary of operating revenues received from the New York

City Veterans' Home, is hereby appropriated for payment

by the state comptroller of all obligations under the

terms of agreements between the health department and

the dormitory authority .................................... 2,000,000 Related expenses ............................................. 1,000,000 Capital expenses ............................................. 3,000,000

--------------

Total of schedule ......................................... 33,000,000

==============

DEBT SERVICE FUND--MENTAL HEALTH SERVICES FUND

The sum of $197,000,000, or so much thereof as may be

necessary, is hereby appropriated for payment by the

state comptroller of all obligations of the dormitory

authority, as successor to the facilities development

corporation and the medical care facilities finance

S. 2002--A 7 A. 3002--A

agency pursuant to chapter 83 of the laws of 1995, under

the terms of any lease, sublease, or other financing

agreement with the department of mental hygiene, in

accordance with the following schedule ................... 197,000,000

--------------

SCHEDULE

Debt service payments ...................................... 190,000,000 Related expenses ............................................. 7,000,000

-------------- Total of schedule .......................................... 197,000,000

==============

DEBT SERVICE FUND--LOCAL GOVERNMENT ASSISTANCE TAX FUND

The sum of $304,500,000, or so much thereof as may be

necessary, is hereby appropriated for payment of all

obligations, including but not limited to reserve fund

credit facilities, to the local government assistance

corporation pursuant to a certificate or certificates

filed by the chairman of the corporation with the state

comptroller and the governor, pursuant to subdivision 1

of section 3240 of the public authorities law, in

accordance with the following schedule ................... 304,500,000

--------------

SCHEDULE

Debt service payments ...................................... 300,000,000 Related expenses ............................................. 4,500,000

-------------- Total of schedule .......................................... 304,500,000

==============

TRUST AND AGENCY FUND--SCHOOL CAPITAL FACILITIES

FINANCING RESERVE FUND

The sum of $20,600,000, or so much thereof as may be

necessary, is hereby appropriated for payment by the

state comptroller to the dormitory authority for the

purpose of meeting the terms of any contractual agree-

ments between the dormitory authority and participating

special act school districts listed in chapter 566 of

the laws of 1967, as amended, state-supported schools

for blind and deaf students and children with other

handicapping conditions pursuant to article 85 of the

education law, and private not-for-profit schools

approved by the commissioner of education pursuant to

article 89 of the education law, in accordance with the

following schedule ........................................ 20,600,000

--------------

SCHEDULE

Debt service payments ....................................... 20,000,000

S. 2002--A 8 A. 3002--A

Related expenses ............................................... 300,000 Capital expenses ............................................... 300,000

-------------- Total of schedule ........................................... 20,600,000

==============

DEDICATED HIGHWAY AND BRIDGE TRUST FUND--SPECIAL

OBLIGATION RESERVE AND PAYMENT ACCOUNT

The sum of $320,300,000 or so much thereof as may be

necessary, is hereby appropriated to pay for bonds or

notes as required under dedicated highway and bridge

trust fund cooperative agreements under section 10-e of

the highway law, in accordance with the following sched-

ule ...................................................... 320,300,000