NJ CMFO - Municipal Finance Administration 2025 exam with complete solution

NJ CMFO - Municipal Finance Administration 2025 exam
with complete solution

21H-HcorrectHanswer-NumberHofHcountiesHinHNJH(1)


565H-HcorrectHanswer-NumberHofHmunicipalitiesHinHNJH(1)


1.HCity
2.HTown
3.HTownship
4.HBorough
5.HVillageH-HcorrectHanswer-5HtypesHofHlocalHgovernmentH(1)


TRADITIONALHCOUNTYHPLANS
ElectedHfreeholdersHasHgeneralHgovtHbody,H3HyrHoverlappingHterms.HPolicyHmakingHatHadministrativeHlevel
H(FHHareHallHadmins)




OPTIONHCOUNTYHCHARTERHPLANS
3,H5,H7HorH9Hmembers,HconcurrentHorHoverlappingHterms,HFHsHelectedHfromHdistrictsHorHatHlargeHorHboth.H
1.HCountyHExecutiveHPlan-
HelectedHcountyHexec,HapptsHcountyHadminHwithHadviceHofHelectedHfreeholdersH(5)




2.HCountyHmanagerHplan-HelectedHfreeholdersHapptHcountyHadminH(1-HUnion)


3.HCountyHsupervisorHplanH-
HelectedHfreeholdersHapptHcountyHadminHwhoHisHsupervisedHbyHelectedHsupervisorH(0)




4.HBoardHPresidentHplan-
HelectedHfreeholderHappointsHadminHandHelectsHaHpresHfromHFHsHtoHsuperviseHadminH(0)H-HcorrectHanswer-

TraditionalHPlanHvsHOptionalHCountyHCharterHPlansH(1)

, 1.HCommissionHActHofH1911H(WalshHAct)


2.HMunicipalHmanagerHactHofH1923


3.HOptionalHmunicipalHcharterH(FaulknerHAct),HwhichHprovidesHfor:
A.HCouncil-managerHform
H



B.HMayor-councilHformH(strongHmayor,HweakHcouncil)
H



C.H"SmallHmunicipality"HforHmunisHwithH<12,000Hpeople
H



D.HMayor-council-administrationH
H




4.HSpecialHcharter-HmakeHyourHownH-HcorrectHanswer-FormsHofHmunicipalHgovernmentH(1)


600H-HcorrectHanswer-ThereHareHmoreHthanH_________HschoolHdistrictsHinHNJH(1)


TypeHI-HBOEHapptHbyHmayor,HschoolHdebtHisHpartHofHmuniHdebt


TypeHII-HBOEHisHelected,HschoolHdebtHisHnotHpartHofHmuniHdebtH-HcorrectHanswer-
TypeHIHvsHTypeHIIHSchoolHDistrictsH(1)


RegionalHschoolHdistrictsH-HcorrectHanswer-
InHthisHSchoolHdistrict,HmembershipHofHBOEHisHapportionedHtoHparticipatingHdisctrictsHaccordingHtoHpopul
ation.HBOEHisHelected.H(1)


ConsolidatedHschoolHdistrictH-HcorrectHanswer-
InHthisHschoolHdistrict,HBOEHisHapportionedHamongHseveralHdistricts,HoperatesHsameHasHTypeHIIHsd.H(1)


1.HEnergyHreceiptsHtax


2.HConsolidatedHmunicipalHpropertyHtaxHreliefHaidH(CMPTRA)-
HtoHdecreaseHmuniHtaxes,HcatchHallHcategoryHforHstateHaidHprogramsHincludingHbusinessHpropertyHtaxes,Hpa

ymentHinHlieuHofHtaxes,Hetc...