N.J.S.A. 40A:14-78.9 — Transfer of appropriations between items.

40A:14-78.9 Transfer of appropriations between items. 5. a. Whenever it shall become necessary during the last two months of the fiscal year to expend amounts in excess of those appropriations specified in the various line items of the operating appropriations section of the annual budget and there shall be excess appropriations in other line items of the operating appropriations section, the board of fire commissioners of the fire district may, by resolution setting forth the facts, adopted by not less than 2/3 vote of the full membership thereof, transfer the amount of the excess to those appropriations deemed to be insufficient. b. No transfers may be made under this section from appropriations for: (1) Contingent expenses, (2) Deferred charges, (3) Cash deficit of preceding year, (4) Down payments, (5) Capital improvements, (6) Interest and redemption charges, (7) Length of service award program. L.1985,c.288,s.5; amended 1997, c.388, s.14.

This is the verbatim text of N.J.S.A. 40A:14-78.9, 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.