52:27D-118.38 - Remedial orders issued to recipient of discretionary aid 

52:27D-118.38  Remedial orders issued to recipient of discretionary aid 
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.