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N.J. Stat. Ann. § 40A:4-48

Emergency appropriations not exceeding, with other appropriations, 3% of the operating appropriations

Known as the Local Budget Law

The act spans §§ 40A:4-1 to 40A:4-9 (170 sections).

L.1960, c. 169, s. 1, eff

An emergency appropriation which, together with all prior emergency appropriations made during the same year, does not exceed 3% of the total of current and utility operating appropriations made in the budget adopted for that year shall be made as follows:

a. The governing body shall, by resolution adopted by not less than 2/3 vote of its full membership, declare that an emergency exists requiring a supplementary appropriation.

b. The resolution shall be in the form and content prescribed by the local government board and shall set out the nature of the emergency in full.

c. A copy of the resolution shall be filed forthwith with the director.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.