18A:22-21. Additional appropriations; purposes; estimation
116 words·~1 min read·
/nj/title-18a/chapter-22/18a-22-21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a board of education of a type I district shall determine by resolution that it is necessary to raise in any school year funds additional to those set forth in its annual budget for such year for:
(1)current expenses or repair or furnishing of buildings made necessary because the amount requisite therefor was underestimated in the budget; or
(2)repair or utilization of property destroyed or made unusable by accident or other unforeseen cause; or
(3)meeting emergencies arising since the making of such budget;
the board shall prepare and deliver to each member of the board of school estimate a statement of the amount of money determined to be necessary therefor.
L.1967, c.271.