New Jersey Statutes 40A:14-78.12. 3% limit
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Terms Used In New Jersey Statutes 40A:14-78.12
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- budget: means the budget of a local unit. See New Jersey Statutes 40A:1-1
An emergency appropriation, together with all prior emergency appropriations made during the same year, shall not exceed 3% of the total of current operating appropriations made in the budget adopted for that year.
L. 1985, c. 288, s. 8, eff. Aug. 14, 1985.