QUESTIONS CORRECT RESPONSES
◉ Sources of Basic Law Answer: 1. Session Laws (Pamphlet Laws)
2. Revised Statues of NJ
3. NJ Statutes Annotated
4. NJ Administrative Code
◉ What are Pamphlet Laws? Answer: Bills passed during each
legislative session and signed into law by the governor are assigned
a chapter number in numerical order. At end of each year these
chapters are bound together and issued as a separate volume.
Generally called "session laws" and are officially in known in NJ as
"Pamphlet Laws" EVERY 2 YEARS CHAPTERS END OF 2 YR PERIOD
ARE BOUND
◉ What are Revised Statutes of NJ? Answer: Period revisions which
bring together all of the general legislation currently in effect.
Numbered so that all effective statutes concerning the same subject
are brought together in the same place Numbering system is based
upon a series of Titles, Chapters, and Sections Grouped into 58
Titles,
Titles are divided into Chapters and Chapters are Divided
into Sections.
,◉ What are NJ Statutes Annotated? Answer: Series of commercially
available, unofficial volumes of compiled and annotated laws
published by West Publishing among others. Includes all of the
effective general laws of the state, usually using the same basic
numbering system as the Revised Statutes. Also has court cases.
◉ What is NJ Administrative Code? Answer: An official publication of
the State of NJ which contains all of the official rules, regulations and
other documents issued by State agencies and filed in accordance
with the Administrative Procedure Act of 1968. It is kept up to date
by periodic supplements, which provide replacement pages
and obsolete pages to be discarded. NJ Register published twice
monthly indexes proposed and adopted rules and regulations.
◉ What is the Division of Local Government Services? Answer: DLGS
is the most important state agency for local government financial
and management functions.
State supervision of local government finance under the Division.
Regularly issues Local Finance Notices concerning the work of the
agency and the problems of local government, and requirements of
law and regulations.
◉ What is the Local Finance Board? Answer: A component of the
DLGS empowered to study the entire field of local government.
,Supervises the financial affairs of municipalities which fall under the
Fiscal Supervision Act.
◉ What are the functions of the Local Finance Board? Answer: -
Approve the creation of local authorities
-Review the financing of proposed projects of such authorities
-Makes Recommendations in respect to such project financing
following a public hearing
-May also issue orders to authorities to correct deficits or to alleviate
any financial difficulties, including increasing rates or charges, or to
dissolve an authority
◉ Selected Functions of the DLGS Answer: 1. Technical assistance to
local units regarding the LPCL
2. Approval of applications for establishment of petty cash funds and
promulgation of rules and regulations therto
3. Technical advice and assistance to registered municipal
accountants and local officials regarding, auditing, budgeting,
accounting, purchasing, and numerous other areas of financial
management
4. Technical assistance to municipalities in planning & implementing
consolidation of services under shared
services laws.
5. Publication of LFNs containing useful information about statutory
requirements, Division rules and regulations, and statistical data.
, 6. Review & Register cooperative purchasing systems, approve
competitive contracting exceptions and pre-qualifications of bidders.
7. Cooperation with the Center for Government Services
at Rutgers in the development and presentation of training
programs for local elected & appointed officials, especially relating
to examination and re certification.
8. Preparation & supervision of written examinations for
certifications of municipal tax collectors, municipal clerks,
purchasing agents and finance officers, and public works managers;
determination of applicants' eligibility, and award of certifications to
qualifiers.
◉ Capital Improvements Answer: An item which as a useful life of at
least 5 years and for which notes or bonds can be sold.
An ordinance must be adopted to spend funds from the capital
improvement fund which plays an important role in financing the
municipality's capital projects.
◉ Capital Programs and Budgets Answer: Capital Program - a multi-
year plan and schedule for capital projects with a prospective life of
5 years or more
and a cumulative annual cost of $25K, valuable management tool.
◉ Items a Capital Budget Includes Answer: 1. acquisition and/or
development of land