Gov. Chris Christie recently signed a bill into law that will make it easier and cheaper for New Jersey municipalities to process electronic payments. The bill, Assembly Bill No. 3851, authorizes certain local units to adopt policies for the payment of certain claims through the use of standard electronic funds
The Division of Local Government Services (DLGS) recently published guidance regarding the filing of the 2016 financial disclosure statements. The deadline to file is on or before April 30, 2016. Under New Jersey law, local government officers have a statutory obligation to file an annual financial disclosure statement (FDS). N.J.S.A. 40A:
The Division of Local Government Services has issued Local Finance Notice 2015-20, which addresses the new minimum bid thresholds that were changed on July 1, 2015. New Jersey municipalities are advised to review their procurement policies and implementing ordinances to determine if any changes are necessary. Unless certain exceptions apply,
The Local Finance Board of the Division of Local Government Services (DLGS) recently adopted N.J.A.C. 5:30-3.8, which requires New Jersey municipalities to incorporate a user-friendly budget into all introduced (approved) and adopted annual municipal budgets. The goal is to increase the financial transparency of local government and enhance everyday citizens’
