Terms Used In New Jersey Statutes 40A:4-21

  • budget: means the budget of a local unit. See New Jersey Statutes 40A:1-1
  • local unit: means a county or municipality. See New Jersey Statutes 40A:1-1
  • municipal public utility: means any water, sewer, electric power or gas system, or any combination thereof, or any public parking system, redevelopment, or any other utility, enterprise or purpose authorized to be undertaken by a local unit from which it may receive fees, rents, or other charges, and with respect to redevelopment utilities, incremental revenues authorized pursuant to section 11 of P. See New Jersey Statutes 40A:1-1
The budget shall provide separate sections for:

a. Operation of local unit (current fund).

b. Operation of any municipal public utility.

c. Dedicated assessment budget.

d. Dedicated by rider.

L.1960, c. 169, s. 1, eff. Jan. 1, 1962.