19 chapters · 1,144 sections in this title.
N.J.S.A. 5:10A-55 Computation of guarantee payment.
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5:10A-55 Computation of guarantee payment. 55. a. The guarantee payment payable by the intermunicipal account to each constituent municipality in any adjustment year shall be computed as follows: If there is a decrease in the aggregate true value of taxable real property of any c…
N.J.S.A. 5:10A-56 Service payment for school district services.
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5:10A-56 Service payment for school district services. 56. For school district services, the service payment payable by the intermunicipal account to a constituent municipality in any adjustment year shall be found by dividing the total local school tax levy, as shown on the Tabl…
N.J.S.A. 5:10A-57 Apportionment of balance of payments.
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5:10A-57 Apportionment of balance of payments. 57. a. If, in any adjustment year, the amount payable to the constituent municipalities by the intermunicipal account for guarantee payments and school district service payments is less than the amount payable to the intermunicipal a…
N.J.S.A. 5:10A-58 Reduction of total service payment.
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5:10A-58 Reduction of total service payment. 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 section 53 of P.L.201…