New Jersey Statutes 40A:4-27.2. Municipal “cap” exemption
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Terms Used In New Jersey Statutes 40A:4-27.2
- budget: means the budget of a local unit. See New Jersey Statutes 40A:1-1
Any monies due a municipality pursuant to the provisions of section 40 of P.L. 1985, c. 38 (C. 48:13A-5.1) may be anticipated by the municipality for the purposes of preparing its annual budget.
L. 1985, c. 38, s. 41; amended by L. 1987, c. 74, s. 8.