New Jersey Statutes 52:27D-118.39. General fiscal oversight over recipient of discretionary aid
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Terms Used In New Jersey Statutes 52:27D-118.39
- 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
- Oversight: Committee review of the activities of a Federal agency or program.
8. The board shall exercise general fiscal oversight over a municipality that receives discretionary aid pursuant to this act and may:
a. Require the director to return a budget if it is determined that the local tax burden is unreasonably high;
b. Require the inclusion of line items supporting budget detail; and
c. Permit the cancellation of appropriation reserves on the same schedule as transfers, with a revised annual financial statement forwarded to the director upon the cancellation.
L.1991,c.63,s.8.