N.J.S.A. 40:32-2.4 — Budget; limitations on appropriation

40:32-2.4. Budget; limitations on appropriation The board shall annually include in its budget the amount of money deemed necessary for maintaining any of the public parks, public welfare projects or hospitals operated and maintained as contemplated by this act; provided, however, that the amount so raised by such appropriation shall not be less than one-half of one mill on the dollar, nor more than three-quarters of a mill on the dollar of the assessed valuation of the taxables and ratables of the county. L.1940, c. 33, p. 116, s. 4.

This is the verbatim text of N.J.S.A. 40:32-2.4, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.