New Jersey § 40a:4-45

§ 40a:4-45.

a. In the first local budget year in which a county or municipality shall commence

to fund a new service or program, which it is required to provide as a result of a

binding referendum initiated and approved by the voters of the county or municipality,

there shall be added to the final appropriations upon which the permissible municipal

expenditures are calculated, or upon which the permissible county tax levy is calculated,

the amount determined by the county or municipal governing body to be necessary to

fund the service or program in that local budget year. b. Notwithstanding the provisions of any other law to the contrary, whenever, on or

after the effective date of this act, a binding referendum question is required to

be submitted in a county or municipality as a result of a petition initiated by the

voters thereof, the approval of which by the voters would require the county or municipality

to provide a new service or program, the governing body of the county or municipality

shall cause to be set forth in an accompanying explanatory statement to the public

question to appear on the ballot the amount of appropriations determined by the governing

body to be necessary to fund the service or program in the first local budget year

following approval of the question, and such other relevant information as the governing

body may wish to include therein. The amount so set forth shall be the amount added to the county or municipal final

appropriations pursuant to subsection a. of this section in the first local budget

year in which the county or municipality shall commence to fund the service or program

approved by the voters. c. For the purposes of subsections a. and b. of this section, in determining the amount

of appropriations necessary to fund the provision of a new service or program, the

county or municipal governing body shall deduct an amount equal to the amount of any

revenues anticipated to be derived from service fees to be imposed for the service

or program in the first local budget year in which the county or municipality shall

commence to fund the service or program. If in any local budget year thereafter, the county or municipality shall impose

new service fees or increased service fees for the service or program, the amount

of final appropriations upon which the permissible municipal expenditures are calculated,

or upon which the permissible county tax levy is calculated, shall be reduced in the

first full local budget year to which the new or increased service fees pertain, by

the amount to be derived in that year from the new service fees or the increase in

service fees.