Section 52:27D-388 - Allocation to qualifying municipalities

NJ Rev Stat § 52:27D-388 (2019) (N/A)
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52:27D-388. Allocation to qualifying municipalities

There shall be allocated to each level of qualifying municipalities a portion of the funds appropriated for the purposes of this act, as follows:

Level I - 32.5% of the funds so appropriated;

Level II - 57.5% of the funds so appropriated; and

Level III - 10% of the funds so appropriated.

In allocating funds to Level II qualifying municipalities, there shall be additionally allocated any portion of the amount allocated to Level I qualifying municipalities which is not apportioned to those municipalities pursuant to section 6 of this act.

L.1990,c.85,s.5.