ยง 31-c. Receipts and disbursements. The department shall receive all
moneys payable to the state on account of said fair and make all
disbursements therefrom and also from any appropriation made for that
purpose by the legislature as may be needed, from time to time, in
carrying on the work of the department. The provisions of section one
hundred twenty-one of the state finance law requiring that money
received for or on behalf of the state shall be paid monthly into the
state treasury shall not apply to the proceeds of the state fair, and
the department may pay from the race and other entry fees, gate
admissions and other receipts of such fair such expenses as shall be
necessary for the proper conduct of the New York state fair and the
purposes of the department. Any balance remaining in its hands received
in connection with the state fair shall be retained by the department of
agriculture and markets as a special fund for such permanent
constructions on the state fair grounds or for administration expenses
as shall be approved by the director of the budget, the chairman of the
finance committee of the senate and the chairman of the ways and means
committee of the assembly.