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

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Statutes > New-jersey > Title-52 > Section-52-27d > 52-27d-118-38

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.

State Codes and Statutes

Statutes > New-jersey > Title-52 > Section-52-27d > 52-27d-118-38

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.

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State Codes and Statutes

Statutes > New-jersey > Title-52 > Section-52-27d > 52-27d-118-38

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.