Current through L. 2024, c. 80.
Section 52:27D-118.38 - Remedial orders issued to recipient of discretionary aida. The board may issue remedial orders to a municipality receiving discretionary aid pursuant to this act directing it to: (2) Maximize surplus to a prudent level;(3) File schedules along with the budget showing municipal revenues not anticipated;(4) Add municipal revenues to the budget not anticipated;(5) Maximize its tax collection rate in order to minimize its reserve for uncollected taxes, using prudent fiscal practices;(6) Reduce appropriations deemed by the board to be excessive; and(7) Undertake other appropriate activities consistent with this section to reduce property taxes.b. The board shall require, as a condition for the release of discretionary aid funds to a municipality, that the director certify that a municipality has complied with remedial orders issued by the board.