40:33-13.15 - Disposition of revenues - New Jersey Statutes

40:33-13.15.  Disposition of revenues
    Money paid to the regional library for lost or damaged books or other library materials, for use of  "pay"  or  "rental"  collections and for the sale of library books or other library property shall be held by the board of trustees and spent only for the purchase of books or other materials or for the  replacement of library property.

    Fines, nonresident fees and other miscellaneous revenue received by the regional library shall be turned over to the treasurers of the participating counties in proportionate shares as stipulated in the regional library agreement or in accordance with the apportionment of annual appropriations set forth therein.  Each board of chosen freeholders of the participating counties may, by resolution, reappropriate the sums so received to the board of trustees, in addition to the other moneys appropriated for regional library purposes.

     L.1962, c. 134, s. 13, eff. July 27, 1962.