A local unit may finance such appropriations from surplus funds available or may borrow money to finance the same in the manner hereinafter prescribed.
N.J. Stat. Ann. § 40A:4-55.14
Financing; surplus funds; borrowing
Known as the Local Budget Law
The act spans §§ 40A:4-1 to 40A:4-9 (170 sections).
L.1968, c. 194, s. 2, eff
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.