Section 40A:4-55.9 - Financing; reduction of appropriation; resolution

NJ Rev Stat § 40A:4-55.9 (2019) (N/A)
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40A:4-55.9. Financing; reduction of appropriation; resolution

The county may finance such appropriation from available surplus funds or borrow money in the manner prescribed above. When State or Federal funds are appropriated and become available to the board of trustees, the county upon receipt of a notice of the availability of such funds shall, by resolution, reduce the emergency appropriation by the amount certified as being available for the purpose for which the emergency appropriation was provided.

L.1965, c. 87, s. 2, eff. June 8, 1965.