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'Appropriations Cap'

Jan 19

Division Issues Guidance on Levy Cap Referendums

Posted to The Town Crier - Legislative Backgrounder on January 19, 2023 at 4:27 PM by Legislative Staff

The Division of Local Government Services has issued Local Finance Notice 2023-02 providing specific instruction and direction to municipalities considering holding a public referendum on exceeding the 2% Levy Cap or the 2.5% Appropriation Cap. If your municipality is considering a public referendum, we suggest that you review this Local Finance Notice with your professional staff. 

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