54:4-2.2j - Appropriation lower than amount necessary for full funding; apportionment of payments
54:4-2.2j.Ā Appropriation lower than amount necessary for full funding; apportionment of payments
In the event that an appropriation made for any year is less than the amountĀ required for full payment in lieu of taxes to each municipality, the amountĀ otherwise payable to each municipality shall be reduced in the same proportionĀ as the appropriation made is to the amount required for full funding.
L.1977, c. 272, s. 10.
Ā
In the event that an appropriation made for any year is less than the amountĀ required for full payment in lieu of taxes to each municipality, the amountĀ otherwise payable to each municipality shall be reduced in the same proportionĀ as the appropriation made is to the amount required for full funding.
L.1977, c. 272, s. 10.
Ā