Search Rutgers Law Library N.J. Court Opinions

1 IN THE MATTER OF DISTRIBUTION OF LIQUID ASSETS UPON DISSOLUTION UNION COUNTY REGIONAL HIGH SCHOOL DISTRICT NO. 1, UNION COUNTY -- rank: 1000

... municipalities in accordance with their proportionate property valuations pursuant to N.J.S.A. 18A:8-24. That statute provides as follows: The county superintendent in a ... respective districts on which the last school tax was levied . . . . [ N.J.S.A. 18A:8-24.] The Board of Review concluded: The apportionment of the remaining assets and liabilities, as defined by N.J.S.A. 18A:8-24 as those assets other than school buildings, grounds, furnishings, and ... s liquid assets proportionally to each municipality in accordance with N.J.S.A. 18A:8-24. The liquid assets and real property were ultimately distributed as ... proportional formula for distributing liquid assets as set forth in N.J.S.A. 18A:8-24, without reference to Mountainside's objections. . . . . 1 The State Board ... from the specific formula for asset distribution set forth in N.J.S.A. 18A:8-24 can be appropriate under certain circumstances. The legislative history ...

docket:	A0211-04
court:	NJ Superior Court Appellate Division
decided:	2005-10-11
status:	unpublished
citation:
Document Size:	148883

2 In the Matter of the Distribution of Liquid Assets Upon Dissolution of the Union County Regional High School District No. l, Union County -- rank: 908

... municipalities in accordance with their proportionate property valuations pursuant to N.J.S.A. 18A:8-24. That Statute provides that the county superintendent shall make a ... HELD : Deviation from the asset distribution formula set forth in N.J.S.A. 18A:8-24 is permissible under the statutory framework, and the State Board ... insistence on strict application of the asset distribution scheme in N.J.S.A. 18A:8-24 is unwarranted, particularly where the parties entering into dissolution have ... to deviate from the asset distribution formula set forth in N.J.S.A. 18A:8-24 was violative of the legislative will because strict application of ... municipalities in accordance with their proportionate property valuations pursuant to N.J.S.A. 18A:8-24. That statute provides as follows:         The county superintendent in a ... respective districts on which the last school tax was levied . . . .                 [ N.J.S.A. 18A:8-24.] The Board of Review concluded:         The apportionment of the ...

docket:	a-106-99
court:	njsupreme
decided:	2001-01-30
status:
citation:	168 N.J. 1
Document Size:	70985

3 IN THE MATTER DIVISION OF ASSETS AND LIABILITIES AMONG THE CONSTITUENT DISTRICTS OF LOWER CAMDEN COUNTY REGIONAL HIGH SCHOOL DISTRICT NO. 1 -- rank: 872

... which they were entitled under the formula set forth in N.J.S.A. 18A:8-24 would be unfair and inequitable. In reaching this conclusion, the ... precluded any deviation from the distribution formula set forth in N.J.S.A. 18A:8-24: There are . . . glaring facts that refute the assertion that an ... not exist. Although the ALJ concluded that strict application of N.J.S.A. 18A:8-24 was unfair and inequitable, he also concluded that only Waterford ... s recommended decision that the inequity of strict application of N.J.S.A. 18A:8-24 required a deviation from the liquid asset distribution formula set ... the constituent municipalities in "the same manner as provided in [ N.J.S.A. ] 18A:8-24." N.J.S.A. 18A:8-24 provides in pertinent part: The county superintendent . . . shall make ...

docket:	A1595-03
court:	NJ Superior Court Appellate Division
decided:	2005-10-26
status:	published
citation:	381 N.J. Super. 91 885 A.2d 1
Document Size:	62956

4 IN THE MATTER DIVISION OF ASSETS AND LIABILITIES AMONG THE CONSTITUENT DISTRICTS OF LOWER CAMDEN COUNTY REGIONAL HIGH SCHOOL DISTRICT NO. 1 -- rank: 872

... which they were entitled under the formula set forth in N.J.S.A. 18A:8-24 would be unfair and inequitable. In reaching this conclusion, the ... precluded any deviation from the distribution formula set forth in N.J.S.A. 18A:8-24: There are . . . glaring facts that refute the assertion that an ... not exist. Although the ALJ concluded that strict application of N.J.S.A. 18A:8-24 was unfair and inequitable, he also concluded that only Waterford ... s recommended decision that the inequity of strict application of N.J.S.A. 18A:8-24 required a deviation from the liquid asset distribution formula set ... the constituent municipalities in "the same manner as provided in [ N.J.S.A. ] 18A:8-24." N.J.S.A. 18A:8-24 provides in pertinent part: The county superintendent . . . shall make ...

docket:	A1616-03
court:	NJ Superior Court Appellate Division
decided:	2005-10-26
status:	published
citation:
Document Size:	62936

5 IN THE MATTER DIVISION OF ASSETS AND LIABILITIES AMONG THE CONSTITUENT DISTRICTS OF LOWER CAMDEN COUNTY REGIONAL HIGH SCHOOL DISTRICT NO. 1 -- rank: 872

... which they were entitled under the formula set forth in N.J.S.A. 18A:8-24 would be unfair and inequitable. In reaching this conclusion, the ... precluded any deviation from the distribution formula set forth in N.J.S.A. 18A:8-24: There are . . . glaring facts that refute the assertion that an ... not exist. Although the ALJ concluded that strict application of N.J.S.A. 18A:8-24 was unfair and inequitable, he also concluded that only Waterford ... s recommended decision that the inequity of strict application of N.J.S.A. 18A:8-24 required a deviation from the liquid asset distribution formula set ... the constituent municipalities in "the same manner as provided in [ N.J.S.A. ] 18A:8-24." N.J.S.A. 18A:8-24 provides in pertinent part: The county superintendent . . . shall make ...

docket:	A1668-03
court:	NJ Superior Court Appellate Division
decided:	2005-10-26
status:	published
citation:
Document Size:	62936