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The original item was published from 10/4/2024 11:36:05 AM to 11/5/2024 12:00:02 AM.

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Budgeting

Posted on: October 4, 2024

[ARCHIVED] DLGS Issues LFN 2024-13 on Best Practices Inventory

The Division of Local Government Services (DLGS) has issued Local Finance Notice 2024-13 (LFN 2024-13) updating the Best Practice Inventory in accordance with the FY2025 Appropriations Act. The 2024 Best Practice Inventory evaluates each municipality’s adherence to various laws and gauges how they implement fiscal and operational best practices. Municipalities operating on both a State and Calander Fiscal Year budget cycle must submit their completed best practices inventory to DLGS by the end of business on Friday, October 25, 2024. 

For more information, please see our write-up on LFN 2024-13. The League strongly recommends reviewing this information with your municipal management and finance professionals. 

Contact: Andrew LaFevre, Legislative Analyst, alafevre@njlm.org, 609-695-3481, x116.

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