N.J. Admin. Code § 2:76-17A.8

Current through Register Vol. 56, No. 21, November 4, 2024

Section 2:76-17A.8 - Annual funding eligibility

(a) For each municipal planning incentive grant funding cycle, the Committee shall establish the amount of the base grant available to each municipality that has received approval of an annual planning application, pursuant to the following:

1. The Committee shall review the municipality's performance over the previous three funding cycles to determine if the municipality has expended State cost share funds on a timely basis. The degree to which the municipality has expended all previously allocated grant funding will determine to what extent the municipality is eligible to receive the minimum annual base grant for the next funding cycle according to the following:

i. If the municipality has expended at least 50 percent of the total grant funds appropriated to the municipality in the previous three funding cycles, the municipality is eligible for 100 percent of the maximum base grant available to it;

ii. If the municipality has expended at least 25 percent, but less than 50 percent of the total grant funds appropriated to the municipality in the previous three funding cycles, the municipality is eligible for 50 percent of the maximum base grant available to it; or

iii. If the municipality has expended less than 25 percent of the total grant funds appropriated to the municipality in the previous three funding cycles, the municipality is ineligible for a base grant award.

2. The Committee may adjust any municipality's base grant eligibility, or withhold a base grant entirely, based on factors including, but not limited to, projected expenditures as described in its annual planning application, availability of unexpended grant balances, past performance, and sufficient need.

3. The municipality shall expend funds within three years of the date the funds are appropriated or risk the loss of those funds and funding eligibility in subsequent funding cycles.

(b) For each funding cycle, the Committee shall establish a maximum combined amount of planning incentive grant funds that any municipality may receive from both its base grant and from the competitive grant fund.

1. The SADC shall identify the total amount of funds available for expenditure in the competitive grant fund for each funding cycle.

2. If at any time during the funding cycle, a municipality seeks final approval for an eligible farm for which there are insufficient funds remaining in the municipality's base grant, the request for final approval will be applied to the funding available in the competitive grant fund pursuant to N.J.A.C. 2:76-17A.14.

i. Competitive grant funds will be available to municipalities having received approval of an annual planning application submitted pursuant to N.J.A.C. 2:76-17A.7regardless of base grant eligibility.

3. Municipalities may continue to qualify for funds available in the competitive grant fund up to the total maximum grant eligibility established pursuant to this subsection.

N.J. Admin. Code § 2:76-17A.8

Adopted by 52 N.J.R. 1549(a), effective 8/3/2020