This bill amends various sections of New Jersey's local government budget processes, primarily focusing on extending deadlines for budget submissions and audits. Key changes include requiring mayors and municipal managers to submit their recommended budgets by February 28, rather than the previous January 15 deadline. Additionally, local governing bodies must introduce and approve annual budgets by March 31 for counties and municipalities operating on a calendar fiscal year. The bill also increases the personal penalty for governing body members who fail to comply with budget responsibilities from $25 to $100 per day. Furthermore, it raises the permissible amount of a temporary budget for counties and municipalities from 26.25% to 35% of the previous year's total appropriations.

In addition to budgetary amendments, the bill establishes requirements for the appointment and responsibilities of municipal officials, including chief financial officers and municipal clerks, mandating appointments within 90 days of a vacancy. It allows for shared service agreements to fulfill these roles and outlines the process for appointing acting officials. The bill also enhances accountability for public works managers and purchasing agents by establishing qualifications and responsibilities, increasing penalties for non-compliance, and ensuring that no certificate shall be revoked without a proper hearing. Overall, these amendments aim to improve the efficiency, accountability, and transparency of local government financial operations in New Jersey.

Statutes affected:
Introduced: 40A:5A-15, 40A:9-28.4, 40A:9-133.5, 40A:9-140.10, 40A:9-145.5, 40A:9-154.6, 40A:11-9, 54:4-66.3, 54:4-66.4