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Budgeting

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Posted on: February 23, 2024

LFN 2024-03 Outlines Appropriations Cap Relief for Municipal Budgets

On Thursday, the Division of Local Government Services issued Local Finance Notice 2024-03 outlining appropriations cap relief for CY2024/SFY2025 budgets.  

As we reported last week, the Local Finance Board approved the following...

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Budgeting
Posted on: February 16, 2024

Local Finance Board Approves 2024 Appropriations Cap Exceptions

During Wednesday’s meeting, the Local Finance Board unanimously approved exceptions to the appropriation cap. Under N.J.S.A. 40A:4-45.3(d), the Local Finance Board has the authority to grant additional exceptions under extraordinary circumstance...

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Budgeting
Posted on: February 2, 2024

Division of Taxation Releases 2023 Table of Equalized Valuations

The Division of Taxation has released the amended 2023 Table of Equalized Valuations for Municipal Clerks and County Tax Administrators in accordance with New Jerey Law. For questions, please reach out to Richard Serran...

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Budgeting
Posted on: January 26, 2024

DOH ask Local Entities to Complete Survey

The DOH is requesting that county and municipal government professionals, staff, youth groups, and parent groups participate in a survey provide feedback on the redesign of DOH’s Parent Link web page. The survey must be complet...

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Budgeting
Posted on: January 26, 2024

Division Releases Guidance on Levy Cap Referendum Procedures

On Wednesday, January 24, the Division of Local Government Services (DLGS) issued Local Finance Notice 2024-02 providing guidance on the CY 2024 Municipal Levy Cap Referendum procedures for municipalities considering holding a public referendum o...

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Budgeting
Posted on: January 19, 2024

Short-Term Funding Agreement to Keep the Federal Government Open

On Thursday, a day before some federal government departments funding expired, the Senate and the House passed another Continuing Resolutionto fund the government in another two-step process, through...

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Budgeting
Posted on: January 19, 2024

Bills of Interest Signed by Governor

Governor Murphy has acted on the remaining 2022-2023 Legislative term bills on his desk. Below are some of the new laws that may impact your municipality: ? 

 

P.L. 2023, c. 33...

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Budgeting
Posted on: January 12, 2024

Local Recreation Improvement Grant (LRIG) Program

The New Jersey Department of Community Affairs (DCA) Division of Local Government Services (DLGS) announced this week that applications are now being accepted for the Local Recreation Improvement Grant (LRIG) Program.   ...

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Budgeting
Posted on: January 12, 2024

Potential Partial Federal Government Shutdown Next Week

Without congressional action next week, budgetary funding for parts of the federal government, including the departments of Transportation, Agriculture, Housing and Urban Development, and Veterans Affairs, expires on January 19....

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Budgeting
Posted on: January 5, 2024

Bills Revising Workers’ Compensation Coverage Advances

On Thursday, the Assembly Appropriations Committee favorably reported, A-5909 and the Senate Budget and Appropriations Committee favorably reported S-4267. The identical legislation revises workers&...

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Budgeting
Posted on: January 5, 2024

Bill That Could Increase Utility Costs Advances

The Senate Budget and Appropriations Committee has favorably released S-3184, which would establish a “Resiliency and Environmental System Investment Charge Program.” The bill is now scheduled for a ...

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Budgeting
Posted on: December 21, 2023

Division Issues Guidance on CY 2024 Budget

The Division of Local Government Services has issued Local Finance Notice 2023-22 providing updates on the 2024 calendar year budget process for counties and municipalities, including deadline extensions, COVID special emergencies, and capital budgets for...

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Budgeting
Posted on: December 15, 2023

Senate Labor Passes Bill Increasing Workers Comp Contingency Fees

On Thursday, the Senate Labor Committee favorably reported S-4059. This legislation increases workers' compensation contingency fees from 20% to 25%, and is  companion to A-5659, which we reported on two weeks ...

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Budgeting
Posted on: December 15, 2023

Local Finance Board Approves CY 2024 Budget Deadline Extensions

During the December 13 Local Finance Board Meeting, and pursuant to NJSA 40A:4-5.1, the Division of Local Government Services (DLGS) proposed and approved a revised deadline schedule for the introduction and adoption of CY 2024 municipal budgets. The revi...

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Budgeting
Posted on: October 13, 2023

DLGS Issues CY 2024 Municipal Budget Cap Information

The Division of Local Government Services (DLGS) has issued Local Finance Notices 2023-19 to address issues related to the CY 2024 municipal budget and the 1977 and 2010 cap laws.  

The Division has advised that the appropriations cap COLA for CY ...

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Budgeting
Posted on: October 12, 2023

DLGS Issues LFN 2023-18 with Guidance on Fire District Budgets & Elections

The Division of Local Government Services (DLGS) has issued Local Finance Notice 2023-18 (LFN 2023-18) outlining the Calendar Year (CY) 2024 fire district budget process. Fire districts are mandated to submit their CY 2024 budgets through the Financial Au...

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Budgeting
Posted on: August 31, 2023

Treasury’s Unclaimed Property Starts Municipal Outreach Campaign

The New Jersey Department of the Treasury's Unclaimed Property Administration (UPA) announced an outreach campaign last week to reunite New Jersey's counties and municipalities with their property.

UPA will proactively contact th...

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Budgeting
Posted on: August 25, 2023

New Rules and Amendments Proposed for NJ Historic Trust Grants

The Department of Community Affairs (DCA) has published proposed rules and amendments related to the Garden State Historic Preservation Trust Fund Grants.

The New Jersey Historic Trust is authorized to implement funding for Open Space, Farmland, and Histor...

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Budgeting
Posted on: June 23, 2023

Time is of the Essence, One Week to Restore Energy Tax Receipts

The League, the New Jersey Conference of Mayors, and New Jersey Urban Mayors Association, continue to call for the full restoration of Energy Tax Receipts. As a result of our collective outreach, Senator Greenstein and Assemblyman DeAngelo are sponsoring ...

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Budgeting
Posted on: June 23, 2023

Governor and Legislature Stay NJ Agreement Reached

Governor Murphy, Assembly Speaker Coughlin, and Senate President Scutari have jointly announced the Stay NJ agreement a property tax relief plan aimed at aiding New Jersey's senior residents. The Stay NJ plan provides a 50% property tax credit fo...

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Budgeting
Posted on: June 15, 2023

Court Decision Will Impact Municipal Collection of BPPT

This week, an Appellate Panel released their opinion in Verizon New Jersey v. Borough of Hopewell, a case which the League participated in as amicus because of its broad implications on New Jersey’s municipalities.

The Appellate Panel ma...

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Budgeting
Posted on: June 15, 2023

Two Weeks to Restore Energy Tax Receipts

We are two weeks away from the deadline for the State to adopt their FY 2024 budget. Now is the time to act to get full restoration of Energy Tax Receipts included in the state budget. 

The League, the New Jersey Conference of Mayors, and New Jers...

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Budgeting
Posted on: June 8, 2023

Ask Your Legislator to Join Energy Tax Receipt Budget Resolutions

The League, the New Jersey Conference of Mayors, and New Jersey Urban Mayors Association, continue to call for the full restoration of Energy Tax Receipts. As a result of our collective outreach, Senator Greenstein and Assemblyman DeAngelo are sponsoring ...

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Budgeting
Posted on: June 2, 2023

Congress Passes Fiscal Responsibility Act

On Wednesday night the House passed H.R. 3746, the Fiscal Responsibility Act of 2023 by a margin of 314-117 and on Thursday the Senate passed the legislation by a vote of 63-36 after a series of amendments were not agreed to. President is expected to imme...

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Budgeting
Posted on: May 26, 2023

SCOTUS Decision Could Impact NJ Property Tax Laws

This week, SCOTUS issued a unanimous decision in Tyler v. Hennepin County, Minnesota, a case where a property owner argued that the Minnesota state law allowing Hennepin County to retain a $25,000 surplus following the auction sale of her home for unpaid ...

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Budgeting
Posted on: May 19, 2023

Mayors Sign Letter Urging the Full Funding of Energy Tax Receipts

Earlier this week, the New Jersey State League of Municipalities (NJLM), the New Jersey Conference of Mayors (NJCM), and the New Jersey Urban Mayor’s Association (NJUMA) issued a letter signed by 401 mayors from across the state urging the State...

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Budgeting
Posted on: May 5, 2023

DCA Budget Breakdown

The proposed FY 2024 budget allocates $1.152 billion to the Department of Community Affairs (DCA), reflecting a reduction of 19.6% or $280 million from the adjusted appropriation of $1.432 billion in FY 2023. T...

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Budgeting
Posted on: May 5, 2023

DCA Issues LFN Explaining LIHWAP and Winter Termination Program

Signed last month, P.L. 2023, c.33, requires any municipal water and wastewater utility or authority to enter into a vendor contract with the DCA to participate in the LIHWAP. LIHWAP is a federal program being administered by the DCA that provide...

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Budgeting
Posted on: March 31, 2023

FY 2024 Budget Departmental Hearings Begin

Thomas Koeing, Legislative Budget and Finance Officer for the State’s Office of Legislative Services (OLS), provided a budget overview and revenue forecast. Mr. Koeing revealed that the combined state revenues for Fiscal Year 2023 and Fiscal Yea...

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Budgeting
Posted on: March 10, 2023

League Seeking Information on MS4 Permit Compliance

The League is asking our members to answer a short survey aimed at gathering information related to individual municipalities efforts to comply with the NJDEP’s new MS4 permit program requirements.   

The New Jersey Department o...

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Budgeting
Posted on: March 3, 2023

Governor Murphy Delivers FY2024 Budget Address

On February 28, Governor Murphy delivered his 2024 Fiscal Year Budget Address. The proposed budget is $53.1 billion, includes a surplus of over $10 billion, and is 5% greater than the FY2023 budget. While the budget document is not available yet, the Budg...

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Budgeting
Posted on: March 3, 2023

NJBPU Seeking Input on LED Streetlight Program

The New Jersey Board of Public Utilities (NJBPU) has issued a Request for Comments, seeking input from interested parties regarding the conversion of existing streetlights to LED streetlights. Specifically, seeking information related to streetlight and p...

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Budgeting
Posted on: February 24, 2023

Division Issues Guidance on Cap Relief & Opioid Settlement

The Division of Local Government Services issued Local Finance Notice 2023-04 announcing one-time exemptions to the appropriation cap for certain items for the Calendar Year 2023/State Fiscal Year 2024 budget and guidance on usage and reporting Opioid Set...

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Budgeting
Posted on: February 24, 2023

SHBC Plan Design Committee Meeting Summary

On Wednesday, the State Health Benefits Commission Plan Design Committee met for its February meeting. During the Director’s report, it was noted that 27 entities have left the State Health Benefits Plans since it enacted a nearly 23% rate incre...

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Budgeting