New Jersey § 52:27d-118
Full text of New Jersey New Jersey Statutes § 52:27d-118, with citation guidance and answers to common questions.
§ 52:27d-118.
a. The board may issue remedial orders to a municipality receiving discretionary aid
pursuant to this act directing it to: (1) Maximize revenues; (2) Maximize surplus to a prudent level; (3) File schedules along with the budget showing municipal revenues not anticipated; (4) Add municipal revenues to the budget not anticipated; (5) Maximize its tax collection rate in order to minimize its reserve for uncollected
taxes, using prudent fiscal practices; (6) Reduce appropriations deemed by the board to be excessive; and (7) Undertake other appropriate activities consistent with this section to reduce
property taxes. b. The board shall require, as a condition for the release of discretionary aid funds
to a municipality, that the director certify that a municipality has complied with
remedial orders issued by the board.
Frequently Asked Questions About New Jersey § 52:27d-118
What does New Jersey Statutes § 52:27d-118 cover?
Section 52:27d-118 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 52:27d-118?
A common citation format is "New Jersey Statutes § 52:27d-118" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 52:27d-118 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.