54:4-2.2j. Appropriation lower than amount necessary for full funding; apportionment of payments
57 words·~1 min read·
/nj/title-54/chapter-4/54-4-2-2jA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the event that an appropriation made for any year is less than the amount required for full payment in lieu of taxes to each municipality, the amount otherwise payable to each municipality shall be reduced in the same proportion as the appropriation made is to the amount required for full funding.
L.1977, c. 272, s. 10.