N.J.S.A. 52:27D-118.39 — General fiscal oversight over recipient of discretionary aid

52:27D-118.39. General fiscal oversight over recipient of discretionary aid 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.

This is the verbatim text of N.J.S.A. 52:27D-118.39, 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.