N.J. Stat. § 38:25-2
Current through L. 2024, c. 87.
The governing body may make an appropriation in the annual budget or make an appropriation for and issue emergency notes as provided by section 40:2-31 of the title Municipalities and Counties, or appropriate funds from the surplus revenues of such municipality for the payment of such indebtedness.
N.J.S. § 38:25-2