Terms Used In New Jersey Statutes 40A:4-45.15c

  • 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
11. Notwithstanding the provisions of sections 1 and 2 of P.L.1994, c.100 (C. 40A:4-45.15a and C. 40A:4-45.15b) to the contrary, the amount of difference remaining as of June 30, 2003 for appropriation in the next two succeeding local budget years shall remain in place and be available for appropriation by a county or municipality.

L.2004, c.74,s.11.