The Division of Local Government Services has issued Local Finance Notice 2019-8, which details the application process for calendar-year municipalities applying for 2019 Transitional Aid (TA). The application deadline is May 24, 2019; however, municipalities that intend to apply for TA must notify the Division by emailing the “Notice of Intent to Apply” no later than May 3, 2019. In addition, applicants not currently receiving TA, the Mayor and Chief Administrative Officer must attend a mandatory orientation meeting on May 10, 2019, at 2:00 p.m. at the Department of Community Affairs office in Trenton.
We would also highlight that:
• Municipalities not currently receiving TA must agree to State oversight that begins on the date the application is submitted and not on the date of the award, if any, of TA. The State oversight will terminate if the municipality does not receive TA or the application is withdrawn.
• Municipalities should not assume the receipt of any aid. Municipalities applying should take action and plan accordingly, including advancing a levy referendum, if appropriate, to prepare for the possibility of not receiving TA.
• Award decisions are expected to be made soon after May 24. The application for Fiscal Year municipalities will be available in late summer.
If your municipality is interested in applying for TA, we suggest you review Local Finance Notice 2019-8 with your Administrator and Chief Financial Officer.
Contact: Lori Buckelew, Senior Legislative Analyst, firstname.lastname@example.org, 609-695-3481 x112.