This bill modifies the procedure for fire districts in New Jersey to request an exemption from the property tax levy cap. Specifically, it allows fire district boards of commissioners to seek approval from the Local Finance Board to increase the amount raised by taxation beyond the allowable adjusted tax levy. The Local Finance Board is required to consider any changes in appropriations or revenues, or other relevant circumstances when making its decision. If the Local Finance Board denies the request, that decision will be final and conclusive for the fiscal year in question, with no options for appeal, review, or waiver application.

Additionally, the bill outlines the process for local units that are not fire districts to request an increase in their tax levy through a public question submitted to voters. This includes specific requirements for the timing of the referendum and the content of the public question. The bill also includes provisions for consolidating ballot questions when necessary. Overall, the changes aim to streamline the process for fire districts seeking to exceed the tax levy cap while ensuring transparency and accountability in the decision-making process.

Statutes affected:
Introduced: 40A:4-45.46