The rate of tax collections for whatever purpose used, shall be computed as the percentage that all tax collections were of amounts levied against both active and inactive lists.
N.J. Stat. Ann. § 52:27BB-78
Rate of tax collections
Known as the Local Government Supervision Act
The act spans §§ 52:27BB-1 to 52:27BB-99 (93 sections).
L.1947, c. 151, p. 673, s. 78.
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.