52:27D-118.39 - General fiscal oversight over recipient of discretionary aid
52:27D-118.39. General fiscal oversight over recipient of discretionary aid
8.The board shall exercise general fiscal oversight over a municipality that receives discretionary aid pursuant to this act and may:
a.Require the director to return a budget if it is determined that the local tax burden is unreasonably high;
b.Require the inclusion of line items supporting budget detail; and
c.Permit the cancellation of appropriation reserves on the same schedule as transfers, with a revised annual financial statement forwarded to the director upon the cancellation.
L.1991,c.63,s.8.