New Jersey Administrative Code › Title 5 - COMMUNITY AFFAIRS › Chapter 31 - LOCAL AUTHORITIES › Subchapter 2 - BUDGETS › Appendix B

Current through Register Vol. 56, No. 14, July 15, 2024
FIRE DISTRICT BUDGET RELEASE OF RESTRICTED FUND BALANCE REFERENDUM
				  RESOLUTION
RESOLUTION BY THE BOARD OF COMMISSIONERS OF FIRE DISTRICT (insert
				  Dist. #) OF THE (name of municipality) IN THE COUNTY OF (name of county) AND STATE
				  OF NEW JERSEY AUTHORIZING A REFERENDUM TO APPROVE THE USE OF RESTRICTED FUND BALANCE
				  ON (date of referendum)
WHEREAS, the Board of Commissioners of Fire District Number
				  (District #) in the (name of municipality), in the County of (name of county) has
				  previously appropriated funds to be used for capital improvement purposes and such
				  funds are held as Restricted Fund Balance; and,
WHEREAS, the Board of Commissioners of Fire District Number
				  (District #) in the (name of municipality), in the County of (name of county) has
				  determined that (insert dollar amount) of its Restricted Fund Balance is not needed
				  for such capital purposes as this time; and,
WHEREAS, the Board of Commissioners of Fire District Number
				  (District #) in the (name of municipality), in the County of (name of county) finds
				  it advisable and necessary to release (insert dollar amount) of Restricted Fund
				  Balance and to use said amount as a general revenue in the district's 20__ budget to
				  provide and maintain essential district services for the residents of the district;
				  and,
WHEREAS, this additional amount will be appropriated for the
				  purposes set forth below, increasing the total appropriation for each such purpose
				  from what would otherwise be appropriated:
Line item name
Amount for referendum
(insert additional rows as necessary)
NOW, THEREFORE BE IT RESOLVED, that the question to be placed on
				  the ballot shall be as follows:
"Shall the Board of Commissioners of Fire District Number
				  (District #) in the (name of municipality) be authorized to appropriate from its
				  restricted Fund Balance in its (insert year) Fire District annual budget, (insert
				  dollar amount)?
___ Yes ___ No
INTERPRETIVE STATEMENT
A "yes" vote will authorize the Board of Commissioners of the fire
				  district to adopt the budget that was approved by the Board that includes
				  appropriating (insert dollar amount) of Restricted Fund Balance. Because the funds
				  were previously restricted for capital purposes, this amount can be included in the
				  budget when approved by referendum of the voters.
The following are those line items to which the increases
				  apply:
(List line items listed in the resolution--do not list
				  amounts)
If referendum is approved (a "yes" vote), the budget will include
				  this amount.
A "no" vote means that the Board of Commissioners must adopt the
				  budget by reducing the appropriations described above.
(Insert here "any other such relevant information as the Board may
				  wish to include" in the Statement.)."
BE IT FURTHER RESOLVED, that said referendum on the use of
				  restricted fund balance is scheduled for (insert date of referendum), on the third
				  Saturday in February between the hours of 2:00 and 9:00 p.m., prevailing time, in
				  the manner provided by N.J.A.C. 5:31-2.15; and,
BE IT FURTHER RESOLVED, that the budget of the Board of
				  Commissioners of Fire District (insert number) of the (name of municipality) for
				  (insert year) is hereby authorized to be published in the (name and date of official
				  newspaper) issue; and,
BE IT FURTHER RESOLVED, that a public hearing on the budget will
				  be held at the (insert location, date and time of public hearing) at which time and
				  place objections to the budget may be presented by taxpayers or other interested
				  parties; and,
BE IT FURTHER RESOLVED, that the introduced budget is amended as
				  necessary to reflect this resolution; and,
BE IT FURTHER RESOLVED, that a certified copy of this Resolution,
				  shall be transmitted to the Director of the Division of Local Government Services,
				  within 3 days after adoption with the recorded vote included thereon as required by
				  N.J.S.A.
				  40A:4-5.
(insert local resolution closing, certification, and seal
				  text)