New Jersey Statutes
§ 54A:10-7 — Anticipation of revenues in municipal budget; reduction of property tax levy.
New Jersey § 54A:10-7
JurisdictionNew Jersey
Title 54ANEW JERSEY GROSS INCOME TAX ACT
This text of New Jersey § 54A:10-7 (Anticipation of revenues in municipal budget; reduction of property 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. § 54A:10-7 (2026).
Text
Upon notification by the director of the amount of revenue sharing funds due, the governing body of each municipality shall anticipate such revenues in its budget for the succeeding year and shall apply all such revenues to the reduction of the property tax levy. L.1976, c. 73, s. 7.
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Nearby Sections
11
§ 54A:10-1
Short title§ 54A:10-2
Legislative declaration.§ 54A:10-3
Definitions.§ 54A:10-5
Distribution of additional amount.§ 54A:10-9
Rules and regulations.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 54A:10-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/54A/54A%3A10-7.