52:27D-118.39 - General fiscal oversight over recipient of discretionary aid - New Jersey Statutes

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.