40A:4-3. Annual budget
42 words·~1 min read·
/nj/title-40a/chapter-4/40a-4-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The governing body of each local unit shall adopt a budget for each fiscal year. The budget of each local unit shall be prepared on a cash basis unless otherwise permitted by law.
L.1960, c. 169, s. 1, eff. Jan. 1, 1962.