§ 3957. County financial plans. 1. Commencing with the county's two\nthousand six fiscal year, the county executive shall prepare and submit\nto the authority a four-year financial plan, and the county executive's\nproposed county budget, not later than the date required for submission\nof such budget to the legislature pursuant to the county charter. Such\nfinancial plan shall, in addition to the requirements for financial\nplans set forth in subdivisions two and three of this section, contain\nactions sufficient to ensure with respect to the major operating funds\nfor each fiscal year of the plan that annual aggregate operating\nexpenses for such fiscal year shall not exceed annual aggregate\noperating revenues for such fiscal year. For purposes of determining\noperating revenues in the fiscal years two thousand five through two\nthousand nine, such plan may assume receipt by the county of ECFSA\nassistance in the following collective amounts for each respective\nfiscal year:\n Amount Fiscal Year\n 2005 amount 2005\n 2006 amount 2006\n 2007 amount 2007\n 2008 amount 2008\n 2009 amount 2009\nAs used in this subdivision:\n"2005 amount" means that amount expected to be provided by the authority\nto ensure balanced major operating fund operations upon its\ndetermination that the county has taken recurring actions subsequent to\nJune first, two thousand five to close at a minimum between ten per\ncentum and fifteen per centum of the projected gap.\nProvided, however, for this purpose "projected gap" means the amount\nidentified by a report of the state comptroller in June two thousand\nfive.\n"2006 amount" means that amount expected to be provided by the authority\nto ensure balanced major operating fund operations upon its\ndetermination that the county has taken recurring actions to close at a\nminimum between thirty-five per centum and forty per centum of the\nprojected gap.\n"2007 amount" means that amount expected to be provided by the authority\nto ensure balanced major operating fund operations upon its\ndetermination that the county has taken recurring actions to close at a\nminimum between forty-five per centum and fifty per centum of the\nprojected gap.\n"2008 amount" means that amount expected to be provided by the authority\nto ensure balanced major operating fund operations upon its\ndetermination that the county has taken recurring actions to close at a\nminimum between sixty per centum and sixty-five per centum of the\nprojected gap.\n"2009 amount" means that amount expected to be provided by the authority\nto ensure balanced major operating fund operations upon its\ndetermination that the county has taken recurring actions to close at a\nminimum between eighty per centum and eighty-five per centum of the\nprojected gap.\n 2. Pursuant to the procedures contained in this subdivision, each year\nduring an advisory period or during a control period the county shall\ndevelop, and may from time to time modify, taking into account\nrecommendations of the authority, a four-year financial plan covering\nthe county and the covered organizations. Each financial plan and\nfinancial plan modification shall conform to the requirements of\nparagraph (a) of this subdivision and shall provide that the major\noperating funds of the county will be balanced in accordance with\ngenerally accepted accounting principles. The financial plan shall be\ndeveloped and approved, and may from time to time be modified, in\naccordance with the following procedures:\n (a) The county executive shall submit to the authority a certificate\nstating that the budget submitted to the authority is consistent with\nthe financial plan submitted therewith and that operation within the\nbudget is feasible.\n (b) Not more than twenty days after
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