New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 30 - LOCAL FINANCE BOARD
Subchapter 13 - FINANCIAL REVIEW BOARDS
Section 5:30-13.9 - Emergency appropriations, budget amendments, transfer of appropriation

Universal Citation: NJ Admin Code 5:30-13.9

Current through Register Vol. 56, No. 18, September 16, 2024

(a) The governing body of the municipality shall adopt no emergency appropriation or other budget amendment for any purpose until the board has reviewed and approved the emergency appropriation or other budget amendment.

(b) In reviewing any proposed emergency appropriation or other budget amendment, the board shall consider such factors as may be appropriate, including, but not limited to, the need for the appropriation and the existence of alternative sources to meet the need for the appropriation. Any request for approval of a proposed emergency appropriation or other budget amendment shall be accompanied by a document prepared by the municipality explaining the need for the action.

(c) The governing body of the municipality shall neither authorize nor approve a transfer of appropriation or change in text or title of an appropriation until the transfer of appropriation or change in text or title of an appropriation has first been reviewed and approved by the board. Any request for approval of a proposed transfer of appropriation or change in text or title of an appropriation shall be accompanied by a document prepared by the municipality explaining the need for the transfer.

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