Earlier this week the Local Finance Board published proposed amendments to N.J.A.C. 5:31 and various new rules pertaining to the budgeting and reporting requirements of authorities and fire districts. Of particular note are proposed regulations implementing P.L. 2017 c.206 (the November fire district election law) and P.L. 2017 c.290 (the regional sewerage authority cap law).
The League will be working alongside our affiliate groups to review these new proposals in order to submit comments and provide more information to our members. You may wish to review the proposed changes yourself to understand the impact it may have on your municipality. You may also wish to submit your own comments but we urge you to share with the League any areas of the proposal which you feel should be supported or should be clarified so that we may incorporate it into our comments. Comments are due by February 15, 2019.
• Frank Marshall, Esq., League Staff Attorney, FMarshall@njslom.org, 609-695-3481, x137.
• Lori Buckelew, Senior Legislative Analyst, LBuckelew@njslom.org, 609-695-3481, x112.