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New Jersey Statutes, Title: 13, CONSERVATION AND DEVELOPMENT--PARKS AND RESERVATIONS
Chapter 17: Declaration of purpose
Section: 13:17-73: Payment of excessive funds to constituent municipalities; reduction of service payments
If, in any adjustment year, the amount payable to the constituent municipalities by the intermunicipal account for guarantee payments and service payments exceeds the amount payable to said account pursuant to section 65 of this act, the total service payments payable to all constituent municipalities shall be reduced by the amount of the deficit and the service payment payable to each constituent municipality shall be reduced by the same ratio as the total service payment to all constituent municipalities was reduced.
L.1968, c. 404, s. 71. Amended by L.1972, c. 103, s. 10, eff. July 19, 1972.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 13:17-73 (if available):
Court decisions that cite this statute:
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