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New Jersey Statutes, Title: 52, STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

    Chapter 27d: Establishment

      Section: 52:27d-118.38: Remedial orders issued to recipient of discretionary aid

           a. The board may issue remedial orders to a municipality receiving discretionary aid pursuant to this act directing it to:

(1) Maximize revenues;



(2) Maximize surplus to a prudent level;



(3) File schedules along with the budget showing municipal revenues not anticipated;

(4) Add municipal revenues to the budget not anticipated;



(5) Maximize its tax collection rate in order to minimize its reserve for uncollected taxes, using prudent fiscal practices;

(6) Reduce appropriations deemed by the board to be excessive; and



(7) Undertake other appropriate activities consistent with this section to reduce property taxes.

b. The board shall require, as a condition for the release of discretionary aid funds to a municipality, that the director certify that a municipality has complied with remedial orders issued by the board.

L.1991,c.63,s.7.



This section added to the Rutgers Database: 2012-09-26 13:37:56.






Older versions of 52:27d-118.38 (if available):



Court decisions that cite this statute: CLICK HERE.