52:27D-118.38 Remedial orders issued to recipient of discretionary aid
129 words·~1 min read·
/nj/title-52/chapter-27d/52-27d-118-38·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
a. The board may issue remedial orders to a municipality receiving discretionary aid pursuant to this act directing it to:
(1)Maximize revenues;
(2)Maximize surplus to a prudent level;
(3)File schedules along with the budget showing municipal revenues not anticipated;
(4)Add municipal revenues to the budget not anticipated;
(5)Maximize its tax collection rate in order to minimize its reserve for uncollected taxes, using prudent fiscal practices;
(6)Reduce appropriations deemed by the board to be excessive; and
(7)Undertake other appropriate activities consistent with this section to reduce property taxes.
b. The board shall require, as a condition for the release of discretionary aid funds to a municipality, that the director certify that a municipality has complied with remedial orders issued by the board.
L.1991,c.63,s.7.