Terms Used In New Jersey Statutes 52:27D-457

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
6. There is established in the Department of Community Affairs the “Main Street New Jersey Program Fund,” which shall consist of all funds appropriated to the “Main Street New Jersey” program by the Legislature, and also any gifts, contributions, grants or bequests received from the federal government or any other source. Money in the “Main Street New Jersey Program Fund” shall be used to carry out the provisions of P.L.2001, c.238 (C. 52:27D-452 et seq.) and for no other purposes. Any funds remaining in the fund at the end of any fiscal year shall not lapse to the General Fund, but shall remain in the fund.

L.2001,c.238,s.6.