New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 30 - LOCAL FINANCE BOARD
Subchapter 4 - CAPITAL BUDGETS AND CAPITAL IMPROVEMENT PROGRAMS
Section 5:30-4.5 - Forms and content
Universal Citation: NJ Admin Code 5:30-4.5
Current through Register Vol. 56, No. 6, March 18, 2024
(a) The director shall provide forms as part of the annual budget document. These forms are mandatory, except that the director, at his discretion, may authorize the use of other forms that provide substantially the same information. Prior written approval shall be sought.
(b) The capital budget shall include by title all projects scheduled for startup in the current budget year or for continuation/completion from prior years, the amounts appropriated and the anticipated financing by source and amount.
(c) Capital program forms rules are as follows:
1. The capital program shall include by title all projects anticipated for the budget year and two or more additional years, as provided below, with the estimated costs and the anticipated financing by sources and amounts:
| Population | Minimum Program Period |
| Under 10,000 | 3 years |
| Over 10,000 | 6 years |
2. A municipality with population under 10,000 that does not own a water system may discontinue annual capital program submissions whenever it shall, in compliance with the terms of this section, have had no capital budgets for three consecutive years provided that the capital program shall be reinstated when a capital budget is adopted.
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