§ 6221. Financing of the city university of New York. A. Senior\ncollege operating expenses. 1. Notwithstanding any other provision of\nlaw, all expenditures for the senior college programs and services of\nthe city university of New York shall continue to be pre-financed from\ncity of New York funds. The comptroller of the state of New York may\nestablish a separate fund for the receipt and deposit of such\npre-financing funds from the city of New York pursuant to this\nsubdivision, and all other monies deemed appropriate by the state\ncomptroller and the state director of the budget, except that all monies\npresently required by law to be paid directly to the city university\nconstruction fund shall continue to be so paid. All monies appropriated\nfor such senior college programs and services, or derived from other\nsources in the course of the administration thereof, shall be expended\nupon vouchers approved by the chancellor of the city university, as\nchief administrative officer of the city university, or by such\nauthority or authorities in the city university as shall be designated\nby the chancellor by a rule or written direction filed with the\ncomptroller, when and in the manner authorized by the board of trustees.\nNo monies appropriated for such senior college programs and services, or\nderived from other sources in the course of the administration thereof,\nshall be expended until a certificate of the aggregate funds available\nfor expenditure pursuant to section forty-nine of the state finance law\nhas been approved by the director of the budget and copies thereof filed\nwith the state comptroller, the chairman of the senate finance committee\nand the chairman of the assembly ways and means committee. In regard to\nthe city university, the director of the budget shall exercise the\nauthority granted under section forty-nine of the state finance law in\naccordance with the provisions of paragraph b of subdivision four of\nsection three hundred fifty-five of this chapter.\n 2. a. Notwithstanding any other provision of law, the city of New York\nshall appropriate in its expense budget and pay to the account of the\nsenior colleges of the city university of New York as operating aid\namounts in accordance with the following schedule:\n (i) For the twelve-month period commencing July first, nineteen\nhundred seventy-nine, an amount equal to the lesser of fifty-eight\nmillion, three hundred ninety-three thousand dollars ($58,393,000) or\ntwenty-five per centum of the net operating expenses of such senior\ncollege programs and services, as certified by the comptroller of the\nstate of New York to be properly chargeable to such twelve-month period;\n (ii) For the twelve-month period commencing July first, nineteen\nhundred eighty, an amount equal to eighty per centum of the amount\nspecified in (i) of subparagraph a of this paragraph.\n (iii) For the twelve-month period commencing July first, nineteen\nhundred eighty-one, an amount equal to forty per centum of the amount\nspecified in (i) of subparagraph a of this paragraph.\n b. For the twelve-month period commencing July first, nineteen hundred\neighty-two and thereafter, the city of New York shall not be required to\nmake any appropriation in support of the net operating expenses of the\nprograms and services of the senior colleges of the city university.\n c. (i) Subject to the provisions of item (ii) of this subparagraph,\nthe amounts specified in this subdivision shall be exclusive of monies\npayable by such city for campus schools and debt service on bonds\nattributable to such university pursuant to article one hundred\ntwenty-five-B of this chapter.\n (ii) (1) The amounts specified in this subdivision, in so far as such\namounts consist of payments for the twelve-month period commencing on\nJuly first, nineteen hundred seventy-nine, shall not include any\nunfunded accrued liability payments required to be made in such period\npursuant to chapters nine hu
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