New Jersey Statutes 44:4-124. Raising or borrowing of additional sums
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 44:4-124
- May: shall be construed to be permissive. See New Jersey Statutes 44:4-1
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
Such additional sums may be paid from unexpended balances not required by law to be expended for a specific purpose, or from contingent funds, where such exist. Where such balances are not available or adequate, or such funds do not exist, such money shall be raised by temporary loans or notes, certificates of indebtedness or temporary loan bonds to be issued as otherwise provided and limited by law for counties of this state, and the amounts necessary to pay such obligations shall be placed in the budget for the next ensuing fiscal year.