N.J.S. § 5:10A-58 Reduction of Total Service Payment

• Library: New Jersey Permanent Statutes
• Edition: 2023
• Currency: Current through L. 2023, c. 194.
• Year: 2023
• Citation: N.J.S. § 5:10A-58

If, in any adjustment year, the amount payable to the constituent municipalities by the intermunicipal account for guarantee payments and service payments exceeds the amount payable to said account pursuant to sections 53ofP.L 2015, c 19 (C.5:10A-58), the total service payments payable to all constituent municipalities shall be reduced by the amount of the deficit and the service p...