February 8, 2023

Local Finance Board Approves 2023 Appropriations Cap Exceptions

The Local Finance Board Meeting has unanimously approved exceptions to the appropriation cap, granting relief for the 2023 budget year which included a dramatic rise in insurance costs for many municipalities.

Read more: Local Finance Board Approves 2023 Appropriations Cap Exceptions

Contact: Paul Penna, Senior Legislative Analyst, ppenna@njlm.org, 609-695-3481, x110.