N.J. Admin. Code § 5:33-1.5
Current through Register Vol. 56, No. 21, November 4, 2024
When check-based or electronic payments for multiple parcels made by property tax processing organizations and servicing organizations defined pursuant in 17:16F-15 cannot be correctly reconciled, the tax collector shall create a subsidiary ledger entry to record unreconciled items. The tax collector shall work to reconcile the discrepancy by the end of the fiscal year. All transactions necessary to reconcile entries shall be noted in the subsidiary ledger, and, when necessary, approved by the governing body.
N.J. Admin. Code § 5:33-1.5
See: 29 New Jersey Register 4(a), 29 New Jersey Register 872(a).
Former section recodified to N.J.A.C. 5:33-1.6.