New Jersey § 40A:4-45.15b County permitted certain final appropriations, county tax levy.

New Jersey Statutes

§ 40A:4-45.15b — County permitted certain final appropriations, county tax levy.

New Jersey § 40A:4-45.15b

Title 40AMUNICIPALITIES AND COUNTIES

This text of New Jersey § 40A:4-45.15b (County permitted certain final appropriations, county tax levy.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 40A:4-45.15b (2026).

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a.(Deleted by amendment, P.L.2004, c.74.) b. Notwithstanding any provisions of P.L.1976, c.68 (C.40A:4-45.1 et seq.) to the contrary, a county, which, for any local budget year beginning on or after January 1, 2005 for which the cost-of-living adjustment is equal to or less than 2.5%, increases its final appropriations or county tax levy in an amount less than 3.5%, shall be permitted, after adoption of a resolution by the governing body, to appropriate the difference between the amount of its actual final appropriations or county tax levy and the 3.5% percentage rate, as an exception to its final appropriations or county tax levy in either of the next two succeeding years. In the year immediately following the year in which the amount of difference is so appropriated, the amount of di

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2. a. (Deleted by amendment, P.L.2004, c.74.) b. Notwithstanding any provisions of P.L.1976, c.68 (C.40A:4-45.1 et seq.) to the contrary, a county, which, for any local budget year beginning on or after January 1, 2005 for which the cost-of-living adjustment is equal to or less than 2.5%, increases its final appropriations or county tax levy in an amount less than 3.5%, shall be permitted, after adoption of a resolution by the governing body, to appropriate the difference between the amount of its actual final appropriations or county tax levy and the 3.5% percentage rate, as an exception to its final appropriations or county tax levy in either of the next two succeeding years. In the year immediately following the year in which the amount of difference is so appropriated, the amount of difference shall be added to the final appropriations or county tax levy of the preceding year for the purposes of section 2 of P.L.1976, c.68 (C.40A:4-45.2). c. Notwithstanding any provision to the contrary, a county may add to its adjusted tax levy the greater of the amount authorized pursuant to subsection b. of this section or the amount of the difference between the maximum allowable amount to be raised by the county purposes tax and the actual amount to be raised by the county purposes tax accumulated pursuant to paragraph (2) of subsection a. of section 10 of P.L.2007, c.62 (C.40A:4-45.45). L.1994,c.100,s.2; amended 2004, c.74, s.10; 2024, c.8, s.2.