40:37-95.9 - Office; expenditures; limitation; appropriation of moneys from revenue producing facilities - New Jersey Statutes

40:37-95.9.  Office;  expenditures;  limitation;  appropriation of moneys from revenue producing facilities
    The board of chosen freeholders shall provide the commission with a suitable  office and upon the establishment of the commission may make available for  expenditures by the commission such sums as the board of chosen freeholders may  by a majority vote approve.  Except as provided in section 10 of this act, the  amount so made available in any calendar year for the expenses of the  commission shall not be greater than the excess, if any, of a sum equal to 1  mill on each dollar of the aggregate true or full value of all property in the  several taxing districts of the county, as determined by the county board of  taxation, over the amount to be paid by the county in such year for debt  service on bonds or other obligations for park purposes issued by the county  pursuant to said section 10.  The board of chosen freeholders shall also have  power to appropriate to the use of the commission, in addition to the sums  appropriated for expenses as aforesaid, such moneys as may arise from  revenue-producing facilities operated by the commission.

     L.1946, c. 276, p. 943, s. 9.  Amended by L.1949, c. 256, p. 820, s. 1; L.1950, c. 336, p. 1115, s. 1;  L.1960, c. 166, p. 706, s. 1, eff. Jan. 3, 1961; L.1971, c. 406, s. 2, eff. Jan. 20, 1972.