New Jersey Administrative Code
Title 9A - HIGHER EDUCATION
Chapter 18 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE BUILDING OUR FUTURE BOND ACT
Subchapter 1 - GENERAL PROVISIONS
Section 9A:18-1.10 - Reporting requirements

Universal Citation: NJ Admin Code 9A:18-1.10

Current through Register Vol. 56, No. 6, March 18, 2024

(a) The Secretary shall submit to the State Treasurer and the New Jersey Commission on Capital Budget and Planning an annual budget request, and plan for the expenditure of funds from the Bond Act for the upcoming fiscal year. The plan shall include the following information:

1. A performance evaluation of the expenditures made from the fund to date;

2. A description of the programs planned during the upcoming fiscal year;

3. A copy of the regulations in force governing the operation of programs that are financed in part or in whole by funds from the Bond Act; and

4. An estimate of expenditures for the upcoming fiscal year.

(b) Immediately following the Governor's annual budget message, the Secretary shall submit to the Legislature and to the Legislature Joint Budget Oversight Committee, or its successor, copies of the plan set forth in (a) above, with such changes that may have been required by the Governor's budget message.

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