TRENTON – Legislation introduced this week would give the state greater financial control when giving distressed towns financial aid.
Sens. Steven Oroho, (R-24), Franklin, and Anthony Bucco, (R-25), Boonton, introduced a bill, S3009, that would give the state greater fiscal control over towns that receive additional state financial assistance via Transitional Aid, particularly distressed municipalities.
In particular, the Director of the Division of Local Government Services in the Department of Community Affairs would be permitted to set any conditions deemed necessary for towns that want to receive such state aid.
The area of Transitional Aid was one of Gov. Chris Christie’s deepest budget cuts in June, one of the many vetoes the Democratic-controlled Senate could not override this week.
An appropriation of $149 million was slashed to just $10 million.
According to the N.J. League of Municipalities, which supported restoration of the money, these funds are available only to towns that are in dire straits making public safety payroll, debt service, or other obligations.