P.L. 2015, c. 95 included a statutory adjustment, every two years, to the maximum appropriation a municipality may make to their volunteer fire company. For CY2019/ SFY2020 there is a 2.5% adjustment which brings the maximum annual contribution to $154,518.75. In addition, the municipality may appropriate additional funds for the purchase of fire equipment, supplies, and materials used by volunteer fire companies or boards, however, the municipality must retain control, disburse the funds, and retain the title to any equipment purchased. For municipalities with three or more fire companies or boards, the option of the additional appropriation of $50,000 remained the same. We suggest you review Local Finance Notice 2019-01 with your Chief Financial officer.
Contact: Lori Buckelew, Senior Legislative Analyst, email@example.com, 609-695-3481, x112.