N.J. Admin. Code § 5:30-14.6

Current through Register Vol. 56, No. 9, May 6, 2024

Section 5:30-14.6 - LOSAP budget provisions

(a) Once approved by the voters, appropriations for a LOSAP shall be included in the budget of the sponsoring agency as a separate line item. Municipal budget appropriations shall be treated as exceptions to the budget cap (40A:4-45.3 ).

(b) Fire districts anticipating the creation of a LOSAP at their annual election shall provide for the first year's cost of the program in the district's annual budget.

(c) If a fire district referendum on the public question to create a LOSAP is defeated, the appropriation provided in the district's annual budget shall be removed from the budget, along with an equivalent decrease adjustment to the tax levy that is certified by the Municipal Tax Assessor.

N.J. Admin. Code § 5:30-14.6