40A:4-30. Amount to be raised by taxes to support municipal budget
110 words·~1 min read·
/nj/title-40a/chapter-4/40a-4-30A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The amount to be raised by taxes shall be the amount required to be levied by taxation for the support of the municipal budget. It is the difference between the total of all general municipal budget appropriations, including chapter 6 school debt service (R.S. 18:6 et seq.), and such deferred charges and statutory expenditures for chapter 6 schools as are required to be raised in the municipal budget, less the total of anticipated revenues. It shall include the amount required to be appropriated for the "reserve for uncollected taxes" in accordance with, and subject to, the limitations of 40A:4-41 and 40A:4-42.
L.1960, c. 169, s. 1, eff. Jan. 1, 1962.