This bill amends the annual appropriations act for the fiscal year ending June 30, 2026, by reallocating unspent funds originally designated for the City of Paterson's Recreation Center Capital Improvements. Specifically, it transfers the unexpended balance of the $2 million appropriated in the Fiscal Year 2025 budget to the New Jersey Community Development Corporation (NJCDC) to support a youth center project in the City of Paterson. This reallocation is subject to the approval of the Director of the Division of Budget and Accounting.

The bill does not increase overall appropriations for Fiscal Year 2026, as it simply repurposes existing funds. In addition to the reallocated funds, the NJCDC had previously received $5.13 million in Fiscal Year 2025 for similar initiatives. The intent of this bill is to ensure that the unspent funds are utilized effectively for community development and youth services in Paterson.