The purpose of this chapter is the establishment
of a capital program and budget procedure to enable the Town of Huntington
to meet long-range goals of development as specified in the Comprehensive
Plan.
This chapter is intended to complement § 99-g,
General Municipal Law, and nothing herein is intended to be inconsistent
with § 99-g of the General Municipal Law or the Local Finance
Law.
As used in this chapter, the following terms
shall have the meanings indicated:
CAPITAL BUDGET
The first year of the capital program, to be incorporated
in the annual town budget, together with the necessary funding through
direct budgetary appropriation, bonded loans or reimbursements and
grants-in-aid.
CAPITAL PROGRAM
A list of all proposed projects to be undertaken during a
six-year period, together with the priority of their implementation,
their estimated cost and proposed method of financing.
CAPITAL PROJECT
An expenditure which results in the acquisition of or addition
to fixed assets and which shall cost $5,000 or more and have a life
expectancy as set forth in the Local Finance Law.
DEPARTMENTS
All town departments, including town agencies, authorities,
councils and boards. References to department heads shall include
heads of town agencies and authorities and chairmen of councils and
boards.
In any year that a capital project is approved
which requires a bond issue, the approved capital project shall be
subject to a permissive referendum at the next ensuing general election,
in accordance with the procedures set forth in Article 7 of the Town
Law.