Code · New Jersey · Title 40A — Municipalities and Counties · Chapter 4

40A:4-12. Amount to be raised by taxation for local purposes

95 words·~1 min read·/nj/title-40a/chapter-4/40a-4-12

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The amount to be raised by taxation, as stated in the county budget, shall be the amount to be raised by taxation for county purposes. The amount to be raised by taxation, as stated in the municipal budget, shall be the amount to be raised by taxation for municipal purposes and for school purposes where school district costs are required to be included in the municipal budget. These taxes shall be assessed, levied and collected within the respective taxing districts in the manner prescribed by law.

L.1960, c. 169, s. 1, eff. Jan. 1, 1962.