New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 30 - LOCAL FINANCE BOARD
Subchapter 7 - MUNICIPAL BUDGET LOCAL EXAMINATION AND APPROVAL
Section 5:30-7.7 - Revocation of qualification
Universal Citation: NJ Admin Code 5:30-7.7
Current through Register Vol. 56, No. 6, March 18, 2024
(a) The Director may revoke qualification for local examination and assume responsibility for examination if:
1. After notice by the Director, the governing body fails to introduce or adopt the budget on a timely basis;
2. The municipality applies for a budget cap waiver pursuant to 40A:4-45.3(ee); or
3. If the introduced budget or subsequent amendments include the sale of a property tax levy if permitted by statute in the previous year.
Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
