Title 52, Title 52: STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

52:27BB-26. Purpose of article The purpose of this article is to make provision for modernized practices of fiscal administration in local government. L.1947, c. 151, p. 655, s. 26.

52:27BB-27. Uniform accounting systems The board shall, after careful study and investigation of accounting requirements, prescribe uniform accounting systems for municipalities and counties, and may, from time to time, revise or amend such systems. The board may classify municip…

52:27BB-28. Rules and regulations as to accounting methods The board may promulgate rules and regulations for the proper use of uniform accounting systems and for proper accounting methods. L.1947, c. 151, p. 655, s. 28.

52:27BB-29. Account books and forms The board may have prepared account books, blank forms and other accounting materials for use in uniform accounting systems and may furnish them at cost to municipalities and counties. L.1947, c. 151, p. 656, s. 29.

52:27BB-3. Arrangement and headnotes The arrangement of the sections of this act have been made for the purpose of convenience, reference and order, and except where the context indicates otherwise, no implication or presumption of a legislative construction is to be drawn theref…

52:27BB-30. Installations of accounting systems The director may make installations of uniform accounting systems prescribed by the board at the request of the governing body of a municipality or county, and may make installations on his own motion with or without the consent of …

52:27BB-31. Instruction and consultation Where the director installs accounting systems he shall supply without additional charge reasonable instruction and consultation in the use of the system and in proper accounting methods. So far as possible, instruction and consultation sh…

52:27BB-32. Systems of financial administration The board may prescribe systems of financial administration for municipalities and counties. Systems may be prescribed for a group or class of municipalities or counties having similar requirements, and separate systems may be presc…

52:27BB-33. Advisory committees The board may appoint special or standing advisory committees to render advice and consultation to the director and to the board in the preparation, operation and revision of uniform accounting systems and systems of financial administration. An ad…

52:27BB-34. Form of reports and financial statements The board shall prescribe the forms upon which financial statements and other reports pertaining to local financial affairs shall be made. The director shall supply forms to local officers at least thirty days prior to the date…

52:27BB-35. Audits; authority of board The board shall promulgate rules and regulations governing the method, scope and procedure of regular audits of the financial affairs of municipalities and counties. Regulations shall prescribe the form and content of the audit report and sh…

52:27BB-36. Audits by department Whenever the director finds that the financial affairs of a municipality or county require special supervision, he may require that the regular audits of such municipality or county be made only by the auditing staff of the division. In such cases…

52:27BB-37. Rejection of audit report If the director finds that an audit report as filed is incomplete or inaccurate; was not made in accordance with the regulations promulgated by the board; or does not reflect the true financial condition of the municipality or county, he may:…

52:27BB-38. Examination of sinking fund The director shall examine and audit the books, papers, securities and moneys in the custody of the sinking fund commission of a political subdivision. Examination and audit shall be made at least once every two years and oftener if the dir…

52:27BB-39. Duty of sinking fund commission A sinking fund commission of a political subdivision shall at the request of the director produce its books, papers, securities and moneys, and all other records pertaining to its business. The sinking fund commission shall cooperate wi…

52:27BB-4. Act is a revision This act is a revision of the statutory law repealed by sections ninety-seven and ninety-eight of this act. L.1947, c. 151, p. 649, s. 4.

52:27BB-40. Sinking fund; recommendation by the director The director shall examine the report of audit of a sinking fund commission and may make such recommendations pertaining to the management and administration of the affairs of the sinking fund commission as he finds desirab…

52:27BB-41. Sinking funds; enforcement of recommendations If after forty-five days following filing of notice and statement of recommendations with the secretary of a sinking fund commission, the commission has failed or refused to act in accordance with such recommendations, the…

52:27BB-42. Sinking funds; accounting The board shall prescribe and enforce a uniform system for the setting up and keeping of sinking fund accounts in political subdivisions. The director may at the request of a sinking fund commission install the system of accounts in a politic…

52:27BB-43. Sinking funds; examination of requirements The director shall, upon receipt, examine and audit the statement of annual sinking fund requirements of a political subdivision. The director shall determine the sufficiency of the amount certified, and shall make such corre…

52:27BB-44. Sinking funds; amortization requirements The director shall examine the calculations and tabulations of the conditions of sinking funds as submitted by a sinking fund commission of a political subdivision, and shall determine the sufficiency of the funds for the amort…

52:27BB-45. Compensation of department for services rendered The board shall fix reasonable charges, for the services rendered under sections twenty-nine, thirty, thirty-six, thirty-seven, thirty-eight and forty-two of this act, and by agreement for the making of a regular audit.…

52:27BB-46. Inspection of local administration The director may at any time during regular business hours make inspections and examinations of the financial administration of a county or municipality. Inspection and examination may extend to the use of the uniform accounting syst…

52:27BB-47. Inquiring into financial affairs The director may make a special investigation of a county or municipality, if, upon examination of the reports of audit and recommendations of an accountant, there appear to be errors, inaccuracies or omissions in the report of audit o…

52:27BB-48. Special investigation; enforcement of orders The director may issue such orders as he may find appropriate to correct errors, inaccuracies or omissions in the report of audit or recommendations, illegal financial practices, or irregularities in the conduct of financia…

52:27BB-49. Powers of inquiry In any inspection, audit, inquiry, examination or other investigation authorized by this act, the director may hold hearings and exercise the powers of investigation granted by law. L.1947, c. 151, p. 661, s. 49.

52:27BB-5. Powers, duties and functions continued The powers, duties and functions of the Division of Local Government in the State Department of Taxation and Finance of the Local Government Board in said division, and of the director of said division, as provided for by law, are…

52:27BB-50. Issuance of orders; compliance The director may issue instructions and orders requiring compliance with the requirements of this article and the regulations of the board. Instructions and orders may be based upon the audit report and recommendations of accountants or …

52:27BB-51. Duty of local officers An officer of a municipality or county who is charged with duties pertaining to fiscal administration shall keep accounts and in other respects perform his duties in accordance with the regulations promulgated by the board. An officer who wilful…

52:27BB-52. Enforcement of orders; penalties A local officer or member of a local governing body who, after the date fixed for compliance, fails or refuses to obey an order of the director, under the provisions of this article, shall be guilty of a misdemeanor and, upon convictio…

52:27BB-53. Construction of this article The provisions of this article shall be construed to be in addition to the provisions of sections 40:4-1 to 40:4-3, inclusive, and sections 40:4-13 to 40:4-16, inclusive, of the Revised Statutes. L.1947, c. 151, p. 662, s. 53.

52:27BB-54. Purpose of article The purpose of this article is to make provision for the imposition of special restraints upon municipalities in, or in danger of falling into, unsound financial condition and in this way to forestall serious defaults upon local obligations and demo…

52:27BB-55. Application of article The provisions of this article and sections 20 and 21 of this amendatory and supplementary act shall take effect in a municipality when any of the following conditions exists: (1) A default exists in the payment of bonded obligations or notes fo…

52:27BB-56. Determination by the board: Notice and hearing If the director finds in the course of his duties that any of the conditions listed in section 55 of this act exists in a municipality not subject to supervision under sections 52:27-1 to 52:27-66, inclusive, of the Revis…

52:27BB-57. Limitation on debt and other financial liabilities The board may require that obligations, bonded or otherwise, shall not be issued or authorized by the municipality, including school districts or any special districts except as expressly authorized by the director. T…

52:27BB-58. Limitation upon appropriations and expenditures The board may require that any or all expenditures and appropriations of a municipality subject to this article and sections 20 and 21 of this amendatory and supplementary act be expressly authorized by the director. Thi…

52:27BB-59. Limitations upon counties The provisions of section fifty-seven of this act (for the purpose of limiting the issuance of county obligations bonded or otherwise) and of section fifty-eight of this act (for the purpose of limiting the amount to be raised by taxation for…

52:27BB-6. Division to supervise local government The division shall exercise State regulatory and supervisory powers over local government, assist local government in the solution of its problems, and plan and guide needed readjustments for effective local self-government. L.194…

52:27BB-60. Compliance with requirements of law The director may order the governing body or an officer of a municipality subject to this article to perform any duty prescribed by law whether or not a specific penalty or enforcement procedure is provided by such law. The orders m…

52:27BB-61. Liquidation of debt The board may, under this section, authorize or direct a municipality subject to this act to liquidate or refinance its current debt pursuant to a plan. Liquidations under this section shall be in accordance with a plan of liquidation adopted by th…

52:27BB-62. Analysis of financial conditions The director may at any time, and shall if the governing body so requests, make a special analysis of the financial conditions of a municipality subject to this article. The analysis shall extend to all factors and circumstances contri…

52:27BB-63. Consultation and assistance The director shall extend all possible consultation and assistance to municipalities subject to this article to assist in the improvement of local financial conditions. L.1947, c. 151, p. 668, s. 63.

52:27BB-65. Municipalities under the Municipal Finance Commission If a municipality subject to this act is placed under the supervision of the Municipal Finance Commission in accordance with section 52:27-2 or section 52:27-3 of the Revised Statutes, the application of this artic…

52:27BB-66. Additional powers of the board For the purpose of this article the board shall have, in addition to its other powers, authority to (1) Promulgate rules and regulations for the interpretation and administration of this article. (2) Require, and prescribe the form of, s…

52:27BB-66.1. Collective bargaining agreements; review and approval; arbitration awards; exclusion; appointment or dismissal of managers; authority of director The board may provide that all collective bargaining agreements entered into during the time the municipality is subject…

52:27BB-67. Additional powers of the director For the purposes of this article, the director shall have, in addition to his other powers, authority to issue and enforce orders as authorized by law for other orders issued by him. L.1947, c. 151, p. 670, s. 67.