N.J. Admin. Code § 16:78-2.4

Current through Register Vol. 57, No. 1, January 6, 2025
Section 16:78-2.4 - Transfer of allocations

Any unexpended funds remaining at the end of the contract period will, after appropriate close-out and audit, be available to the county to which funds were originally allocated. Each county will be eligible to submit a detailed proposal for any available funds. If the county does not submit a proposal, NJ TRANSIT may reallocate those funds to other eligible counties. Funds not expended will be reallocated by NJ TRANSIT based on the census formula specified at N.J.A.C. 16:78-2.2(b) for the following year's allocations.

N.J. Admin. Code § 16:78-2.4

Adopted by 56 N.J.R. 141(b), effective 1/16/2024