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.
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