New Jersey Statutes 40A:14-78.15. Financing of emergency appropriation
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Terms Used In New Jersey Statutes 40A:14-78.15
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
A fire district may finance any emergency appropriation from the district’s available surplus funds, or may borrow money for a period of time not in excess of one year and execute the necessary evidences of indebtedness.
L. 1985, c. 288, s. 11, eff. Aug. 14, 1985.