New Jersey Code § 52:27D-118.39

General fiscal oversight over recipient of discretionary aid
Open in Lexace · Ask the AI about this section
52:27D-118.39. General fiscal oversight over recipient of discretionary aid
8. The board shall exercise general fiscal oversight over a municipality that receives discretionary aid pursuant to this act and may:
a. Require the director to return a budget if it is determined that the local tax burden is unreasonably high;
b. Require the inclusion of line items supporting budget detail; and
c. Permit the cancellation of appropriation reserves on the same schedule as transfers, with a revised annual financial statement forwarded to the director upon the cancellation.
L.1991,c.63,s.8.

‹ Prev All New Jersey sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.