Section 5-522. Lapse of appropriations

l. Each appropriation to the extent
  that it shall not have been expended or obligated, shall  lapse  at  the
  close  of  the  fiscal year for which made, except that an appropriation
  for a capital project shall continue in force  until  the  purposes  for
  which it was made shall have been accomplished or abandoned.
    2. For the purposes of this section "capital project" shall mean
    a.  any  physical  public betterment or improvement or any preliminary
  studies and surveys relative thereto,
    b. land or rights in land,
    c. any furnishings, machinery, apparatus or equipment for any physical
  public betterment or improvement when such betterment or improvement  is
  first constructed or acquired, or
    d. any combination of paragraphs a, b, and c.