New Jersey Statutes 40:54-29.20. Consent to capital improvements; expenditures
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Terms Used In New Jersey Statutes 40:54-29.20
- 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
The board of trustees shall be empowered and authorized, with the consent of the governing bodies of the municipalities, to undertake the purpose or purposes for which such appropriation for capital improvement was made and to expend moneys therefor to the amount of such appropriation, in addition to other moneys available therefor.
L.1959, c. 155, p. 624, s. 18, eff. Sept. 4, 1959.