New Jersey Statutes 40A:4-55.10. Exclusion from next succeeding budget; limitation on period of appropriation
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Terms Used In New Jersey Statutes 40A:4-55.10
- 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
Any emergency appropriation adopted under the provisions of this section shall not be included in the next succeeding budget but must be canceled or otherwise provided for within a 3-year period after the adoption thereof.
L.1965, c. 87, s. 3, eff. June 8, 1965.