2B:10-6. Schedule for payment of county share
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/nj/title-2b/chapter-10/2b-10-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
6. a. Except as provided in subsection e., in local fiscal years 1995, 1996 and 1997, each county shall pay a share of its base year amount as determined by the director based on the following schedule:
(1)1995...... 87.5% of the base year amount;
(2)1996...... 62.5% of the base year amount;
(3)1997..... 50.0% of the base year amount.
b. Except as provided in subsection e., each county shall pay the respective amounts established in subsection a. to the State Treasurer on the following schedule:
(1)1995....... On May 15, 50.0% of the base year amount, and on