54:4-2.2j - Appropriation lower than amount necessary for full funding; apportionment of payments - New Jersey Statutes

54:4-2.2j.  Appropriation lower than amount necessary for full funding; apportionment of payments
    In the event that an appropriation made for any year is less than the amount  required for full payment in lieu of taxes to each municipality, the amount  otherwise payable to each municipality shall be reduced in the same proportion  as the appropriation made is to the amount required for full funding.

     L.1977, c. 272, s. 10.