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Mar 08

DLGS Issues American Rescue Plan Local Finance Notice

Posted to The Town Crier - Legislative Backgrounder on March 8, 2022 at 11:53 AM by Legislative Staff

Last week, the Division of Local Government Services (DLGS) issued Local Finance Notice 2022-07 regarding the American Rescue Plan Act (ARP) Final Rule & Submitting U.S. Treasury Reports to DLGS and Local Finance Notice 2022-08 which outlines instructions for submitting U.S. Treasury Reports to Department of Community Affairs. As a reminder, April 1, the Final Rule is effective for all provisions including eligible uses of ARP funds awarded to counties and municipalities under the State and Local Fiscal Recovery Funds (SLFRF).

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Tag(s): SLFRF, LFN, EO 267, ARPA

Mar 05

Local Finance Notice 2021-05: State Aid Certification

Posted to The Town Crier - Legislative Backgrounder on March 5, 2021 at 11:15 AM by Legislative Staff

On March 1, The Division of Local Government Services released Local Finance Notice 2021-05, addressing budget certification, Consolidated Municipal Property Tax Relief Aid (CMPTRA), Energy Tax Receipts (ETR), Watershed Moratorium Offset Aid, Garden State Trust Fund Aid, and the Payment Schedule. LFN 2021-05 builds off the February 23 FY 2022 proposed budget where municipalities will be receiving a flat amount from the previous FY 2021 budget.

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