New Jersey Statutes 40A:5-3. Fiscal year
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Terms Used In New Jersey Statutes 40A:5-3
- budget: means the budget of a local unit. See New Jersey Statutes 40A:1-1
- local unit: means any county, municipality, special district or any public body corporate and politic created or established under any law of this State by or on behalf of any one or more counties or municipalities, or any board, commission, department or agency of any of the foregoing having custody of funds, but shall not include a school district. See New Jersey Statutes 40A:5-2
40A:5-3. The fiscal year of every local unit shall be the period for which a local unit adopts a budget, as required pursuant to the “Local Budget Law,” N.J.S. 40A:4-1 et seq.
Amended 1991,c.75,s.25.