12-16,111.   Same; not subject to budget limitations.Any money received by a municipality from a state loan orgrant may be expended without regard to budget limitations and over, aboveor outside the budget, and such expenditures shall not be charged againstthe budget. If a municipality temporarily finances the service orimprovement from budgeted funds and later is reimbursed by the state loanor grant, such expenditures shall not be charged against the budget. If amunicipality temporarily finances the service or improvement from budgetedfunds and later is reimbursed by the state loan or grant, such expenditurefrom budgeted funds shall be a reimbursed expense, and if received afterthe budget year, shall increase the current budget to the same amountunless the budget had anticipated and included the reimbursement as income.

      History:   L. 1989, ch. 56, § 4; July 1.