N.J.S.A. 52:27D-118.16 — Anticipation of State aid

52:27D-118.16. Anticipation of State aid The funds a qualifying municipality shall acquire pursuant to this act shall be appropriated by the municipality in compliance with the "Local Budget Law" (N.J.S. 40A:4-1 et seq.). Notwithstanding any provisions of the "Local Budget Law," any municipality qualifying for State aid under the provisions of this act may anticipate the receipt of the amount of State aid certified to it by the director and may file such amendments or corrections in its local budget as may be required to properly reflect the amount certified. L. 1985, c. 170, s. 6, eff. May 23, 1985.

This is the verbatim text of N.J.S.A. 52:27D-118.16, 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.