News Flash

Notices

Posted on: March 15, 2019

CY 2019/SFY2020 State Aid Remains Flat

DLGS has issued LFN 2019-04 noting that no municipality will receive less total State formula aid in CY19/SFY20 than it received last year. The State will announce the final aid payment schedule in July, prior to the August 1 payment.

The Division of Local Government Services has issued Local Finance Notice 2019-04 noting that no municipality will receive less total State formula aid in CY19/SFY20 than it received last year. The CY 2019/SFY20 Aid Certification for each municipality is available on the Divisions website under Municipal State Aid. The State will announce the final aid payment schedule in July, prior to the August 1 payment. 

The Local Finance Notice also noted that the Division will consider budgets introduced on the first regularly scheduled governing body meeting after March 16 as introduced timely. However, applicants for Transitional Aid must introduce their municipal budgets no later than the Transitional Aid application deadline.

Contact: Lori Buckelew, Senior Legislative Analyst, lbuckelew@njlm.org, 609-695-3481, x112.


Facebook Twitter Email