Local Budget Law

New Jersey · Municipalities and Counties · §§ 40A:4-1 to 40A:4-9 · 170 sections

Overview

Local Budget Law governs how local units of government — chiefly municipalities — prepare, adopt, and administer their annual operating budgets. It prescribes the form and content of the budget, requiring anticipated revenues (surplus, miscellaneous revenues, receipts from delinquent taxes, and the like) and appropriations to be stated in separate, itemized sections, with utility or enterprise operations accounted for apart from general operations, and it fixes the amount that must be raised by taxation for local and school purposes. It also establishes the procedure surrounding adoption: public inspection of the proposed budget, transmission to and review by county and state officials, certification of the tax levy, consequences and corrective steps when a budget is approved late, authority for temporary and emergency appropriations before a budget takes effect, and rules governing which fiscal year a municipality operates under.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

Sections covered

N.J. Stat. Ann. § 40A:4-1Short title
N.J. Stat. Ann. § 40A:4-10Adoption of budget; public inspection
N.J. Stat. Ann. § 40A:4-11Budget to be transmitted to county board
N.J. Stat. Ann. § 40A:4-12Amount to be raised by taxation for local purposes
N.J. Stat. Ann. § 40A:4-12.1Certification of preliminary municipal tax levy under State fiscal year
N.J. Stat. Ann. § 40A:4-13Inclusion of amount required for school purposes
N.J. Stat. Ann. § 40A:4-14School items; separate certification
N.J. Stat. Ann. § 40A:4-15Late approval of budget
N.J. Stat. Ann. § 40A:4-16County board to advise director of failure to receive budget
N.J. Stat. Ann. § 40A:4-17Director's certificate to the county board
N.J. Stat. Ann. § 40A:4-18Table of aggregates for late budgets
N.J. Stat. Ann. § 40A:4-19Temporary appropriations
N.J. Stat. Ann. § 40A:4-19.1Appropriation to provide for extended time period where budget dates have been extended
N.J. Stat. Ann. § 40A:4-2Definitions
N.J. Stat. Ann. § 40A:4-20Emergency temporary appropriations
N.J. Stat. Ann. § 40A:4-21Separate sections required
N.J. Stat. Ann. § 40A:4-22Form and content of current budget
N.J. Stat. Ann. § 40A:4-22.1"State-funded social service programs"; county trust fund; disbursement; annual budget message
N.J. Stat. Ann. § 40A:4-22.2"Attorney Identification Card Program."
N.J. Stat. Ann. § 40A:4-23Arrangement of revenues; current fund
N.J. Stat. Ann. § 40A:4-24Surplus
N.J. Stat. Ann. § 40A:4-25Miscellaneous revenues
N.J. Stat. Ann. § 40A:4-25.1Use of library monies transferred to municipality
N.J. Stat. Ann. § 40A:4-26Miscellaneous, anticipated revenues
N.J. Stat. Ann. § 40A:4-27Miscellaneous revenues; sale of property
N.J. Stat. Ann. § 40A:4-27.1Anticipation in budget
N.J. Stat. Ann. § 40A:4-27.2Municipal "cap" exemption
N.J. Stat. Ann. § 40A:4-27.3Distribution of certain municipal revenues to real property taxpayers; definitions
N.J. Stat. Ann. § 40A:4-28Miscellaneous revenues; sinking fund surplus
N.J. Stat. Ann. § 40A:4-29Receipts from delinquent taxes
N.J. Stat. Ann. § 40A:4-3Annual budget
N.J. Stat. Ann. § 40A:4-30Amount to be raised by taxes to support municipal budget
N.J. Stat. Ann. § 40A:4-31Arrangement of appropriations
N.J. Stat. Ann. § 40A:4-3.1Municipalities, operation under State, calendar fiscal year
N.J. Stat. Ann. § 40A:4-32Separate items of appropriations
N.J. Stat. Ann. § 40A:4-3.2Adoption of State, calendar fiscal year by ordinance
N.J. Stat. Ann. § 40A:4-33Operation of utility or enterprise
N.J. Stat. Ann. § 40A:4-3.3Assistance provided to municipalities in which fiscal year has been changed
N.J. Stat. Ann. § 40A:4-34Appropriations for utility or enterprise
N.J. Stat. Ann. § 40A:4-3.4Report to Legislature on which municipalities have adopted State fiscal year
N.J. Stat. Ann. § 40A:4-35Utility operations; surplus; deficit
N.J. Stat. Ann. § 40A:4-3.5Actions by director
N.J. Stat. Ann. § 40A:4-35.1Transfer of surplus revenue
N.J. Stat. Ann. § 40A:4-35.2Periodic study of adequacy, reasonableness of certain charges for water system
N.J. Stat. Ann. § 40A:4-36Dedicated revenues; general definition
N.J. Stat. Ann. § 40A:4-37Dedicated assessment budget
N.J. Stat. Ann. § 40A:4-38Appropriation in dedicated assessment budget
N.J. Stat. Ann. § 40A:4-39Anticipation of dedicated revenues
N.J. Stat. Ann. § 40A:4-4Procedures for adoption of budget
N.J. Stat. Ann. § 40A:4-40Reserve for uncollected taxes; appropriation
N.J. Stat. Ann. § 40A:4-40.1Reduction of reserve for uncollected taxes by sale of total property tax levy
N.J. Stat. Ann. § 40A:4-40.2Reduction of reserve for uncollected taxes by deduction of receipts for sale of unpaid taxes, liens
N.J. Stat. Ann. § 40A:4-40.3Fiscal analysis prior to sale of total property tax levy
N.J. Stat. Ann. § 40A:4-41Computation of reserve for uncollected taxes
N.J. Stat. Ann. § 40A:4-42Required appropriation for cash deficit
N.J. Stat. Ann. § 40A:4-43Capital budgets; definition
N.J. Stat. Ann. § 40A:4-44Form, arrangement and detail of capital budgets
N.J. Stat. Ann. § 40A:4-45Separate capital budgets
N.J. Stat. Ann. § 40A:4-45.1Legislative policy
N.J. Stat. Ann. § 40A:4-45.12Annual variable percentage limitation on increases in expenditures
N.J. Stat. Ann. § 40A:4-45.13Assumed service or function by county or municipality; addition to final appropriation
N.J. Stat. Ann. § 40A:4-45.14Permissible increase in appropriations
N.J. Stat. Ann. § 40A:4-45.15aMunicipality permitted certain final appropriations
N.J. Stat. Ann. § 40A:4-45.15bCounty permitted certain final appropriations, county tax levy
N.J. Stat. Ann. § 40A:4-45.15cAmount of difference, certain; available for appropriation
N.J. Stat. Ann. § 40A:4-45.16Referendum; increase in final appropriations
N.J. Stat. Ann. § 40A:4-45.19Increases in final appropriations or tax levies in years in which new service or program is funded; explanatory statement on ballot concerning amount of appropriation
N.J. Stat. Ann. § 40A:4-45.1a"Cost-of-living adjustment" defined
N.J. Stat. Ann. § 40A:4-45.2Limitation on increase of appropriations
N.J. Stat. Ann. § 40A:4-45.2bDeduction from county appropriation for services assumed by State
N.J. Stat. Ann. § 40A:4-45.3Municipalities; budget limitation exceptions
N.J. Stat. Ann. § 40A:4-45.38Transfer of funds from appropriation subject to limitation
N.J. Stat. Ann. § 40A:4-45.39Reduction for unrealized municipal revenues
N.J. Stat. Ann. § 40A:4-45.3aReferendum; when held, applicability
N.J. Stat. Ann. § 40A:4-45.3a1Provision of polling places; election worker compensation
N.J. Stat. Ann. § 40A:4-45.3bProceeds of sale of municipal assets for immediately preceding year as exceptions
N.J. Stat. Ann. § 40A:4-45.3dLocal Finance Board authorized to grant additional exceptions
N.J. Stat. Ann. § 40A:4-45.3eAdditional exceptions to limits on increases to certain appropriations of local units
N.J. Stat. Ann. § 40A:4-45.4Limitation on increase in county tax levies over previous year; exceptions
N.J. Stat. Ann. § 40A:4-45.40Transfer of services, deduction from county appropriation
N.J. Stat. Ann. § 40A:4-45.41Appropriation included in spending limitation
N.J. Stat. Ann. § 40A:4-45.42Annual report to Governor, Legislature
N.J. Stat. Ann. § 40A:4-45.43Exemption on limits on increases for certain appropriations for pension contributions
N.J. Stat. Ann. § 40A:4-45.43aAdditional exceptions to limits on increases to appropriations
N.J. Stat. Ann. § 40A:4-45.44Definitions relative to property tax levy cap concerning local units
N.J. Stat. Ann. § 40A:4-45.45Cap on calculation of adjusted tax levy by local unit; exclusions
N.J. Stat. Ann. § 40A:4-45.45aAmounts raised to pay recycling tax treated as exclusion for calculation of adjusted tax levy
N.J. Stat. Ann. § 40A:4-45.45bParts of budget request; exemptions
N.J. Stat. Ann. § 40A:4-45.45cRules, regulations
N.J. Stat. Ann. § 40A:4-45.46Public question submitted for approval to raise taxes above the limitation allowable
N.J. Stat. Ann. § 40A:4-45.47Actions taken by director
N.J. Stat. Ann. § 40A:4-45.4aTransfer of funds authorized by s. 40A:4-58 from appropriation not subject to limitation to appropriation subject to limitation; prohibition
N.J. Stat. Ann. § 40A:4-45.4bBudget cap exception for solid waste reclamation utility
N.J. Stat. Ann. § 40A:4-46Emergency appropriations
N.J. Stat. Ann. § 40A:4-47Emergency appropriations provided for in next budget
N.J. Stat. Ann. § 40A:4-48Emergency appropriations not exceeding, with other appropriations, 3% of the operating appropriations
N.J. Stat. Ann. § 40A:4-49Emergency appropriations exceeding, with other appropriations, 3% of the operating appropriations
N.J. Stat. Ann. § 40A:4-5Introduction and approval of annual budget
N.J. Stat. Ann. § 40A:4-50Emergencies financed from surplus
N.J. Stat. Ann. § 40A:4-51Emergency notes authorized
N.J. Stat. Ann. § 40A:4-5.1Local budget date extension
N.J. Stat. Ann. § 40A:4-52Conclusiveness of emergency appropriations upon affidavit of finance officer
N.J. Stat. Ann. § 40A:4-53Special emergency appropriations
N.J. Stat. Ann. § 40A:4-54Authorization of special emergency appropriations
N.J. Stat. Ann. § 40A:4-54.1Emergency funding for certain employee group insurance programs
N.J. Stat. Ann. § 40A:4-54.2Certified copy of resolution, submission
N.J. Stat. Ann. § 40A:4-54.3Notice provided to members
N.J. Stat. Ann. § 40A:4-55Special emergency notes
N.J. Stat. Ann. § 40A:4-55.1Special emergency appropriations; adoption of ordinance
N.J. Stat. Ann. § 40A:4-55.10Exclusion from next succeeding budget; limitation on period of appropriation
N.J. Stat. Ann. § 40A:4-55.11Filing certified copies of resolution; disposition by commissioner of education
N.J. Stat. Ann. § 40A:4-55.12Applicability of provisions relating to tax anticipation notes
N.J. Stat. Ann. § 40A:4-55.13Public exigency caused by civil disturbances; special emergency appropriation; resolution
N.J. Stat. Ann. § 40A:4-55.14Financing; surplus funds; borrowing
N.J. Stat. Ann. § 40A:4-55.15Surplus funds; inclusion in annual budget
N.J. Stat. Ann. § 40A:4-55.16Borrowing money; resolution
N.J. Stat. Ann. § 40A:4-55.17Applicability of tax anticipation notes provisions to special emergency notes; filing resolution
N.J. Stat. Ann. § 40A:4-55.18Distressed municipality defined
N.J. Stat. Ann. § 40A:4-55.19Judgments; payment; appropriation; resolution; notes; conditions
N.J. Stat. Ann. § 40A:4-55.2Financing appropriation
N.J. Stat. Ann. § 40A:4-55.20Approval of resolution
N.J. Stat. Ann. § 40A:4-55.21Powers and obligations of municipality; ad valorem taxes; levy
N.J. Stat. Ann. § 40A:4-55.3Manner of financing appropriation from surplus funds
N.J. Stat. Ann. § 40A:4-55.4Manner of financing appropriation by borrowing money
N.J. Stat. Ann. § 40A:4-55.5Approval and filing of ordinance or resolution
N.J. Stat. Ann. § 40A:4-55.6Rules and regulations; proof of emergency and need for appropriation
N.J. Stat. Ann. § 40A:4-55.7Effect of revision of Title 40
N.J. Stat. Ann. § 40A:4-55.8County colleges; special emergency appropriation; resolution; contents
N.J. Stat. Ann. § 40A:4-55.9Financing; reduction of appropriation; resolution
N.J. Stat. Ann. § 40A:4-56Contracts of special or technical nature
N.J. Stat. Ann. § 40A:4-57Expenditures void without appropriations
N.J. Stat. Ann. § 40A:4-58Appropriation transfers during last 2 months of fiscal year
N.J. Stat. Ann. § 40A:4-59Appropriation transfers during first 3 months of succeeding year
N.J. Stat. Ann. § 40A:4-6Advertisement of budget
N.J. Stat. Ann. § 40A:4-60Unexpended balances canceled by resolution
N.J. Stat. Ann. § 40A:4-61Assessment revenue fund
N.J. Stat. Ann. § 40A:4-6.1Satisfaction of advertisement of budget requirements
N.J. Stat. Ann. § 40A:4-62Public utility funds
N.J. Stat. Ann. § 40A:4-62.1Storm recovery reserves; permitted, rules, regulations
N.J. Stat. Ann. § 40A:4-62.2Establishment of mosquito control reserve fund
N.J. Stat. Ann. § 40A:4-63Money in separate funds treated as trust funds
N.J. Stat. Ann. § 40A:4-64Tax anticipation notes
N.J. Stat. Ann. § 40A:4-65Application of proceeds
N.J. Stat. Ann. § 40A:4-66Limitation of amount
N.J. Stat. Ann. § 40A:4-67Limitation of maturity and renewals
N.J. Stat. Ann. § 40A:4-68Interest rate
N.J. Stat. Ann. § 40A:4-69Form, registration and redemption
N.J. Stat. Ann. § 40A:4-7Time of public hearing
N.J. Stat. Ann. § 40A:4-70Recital of borrowing power; authorization
N.J. Stat. Ann. § 40A:4-71Execution of notes or coupons
N.J. Stat. Ann. § 40A:4-72Sale and report of sale
N.J. Stat. Ann. § 40A:4-73Conclusive presumption of validity of proceedings and notes
N.J. Stat. Ann. § 40A:4-74Utility anticipation notes
N.J. Stat. Ann. § 40A:4-75Liability on notes
N.J. Stat. Ann. § 40A:4-76Examination of budget
N.J. Stat. Ann. § 40A:4-77Scope of examination
N.J. Stat. Ann. § 40A:4-78Approval of budget, exemptions
N.J. Stat. Ann. § 40A:4-79Certification of director
N.J. Stat. Ann. § 40A:4-8Public hearing; time and place
N.J. Stat. Ann. § 40A:4-80Action on disapproved budget
N.J. Stat. Ann. § 40A:4-81Amendment of disapproved budget
N.J. Stat. Ann. § 40A:4-82Judicial review of local government board's determination
N.J. Stat. Ann. § 40A:4-83Regulations by the local government board and director
N.J. Stat. Ann. § 40A:4-84Orders of director binding
N.J. Stat. Ann. § 40A:4-85Power to change title or text of appropriation
N.J. Stat. Ann. § 40A:4-86Correction of revenue item
N.J. Stat. Ann. § 40A:4-87Special items of revenue and appropriations
N.J. Stat. Ann. § 40A:4-88Filing of amendment, correction in local budget
N.J. Stat. Ann. § 40A:4-89Issuance of notes
N.J. Stat. Ann. § 40A:4-9Amendments to budget

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