Community Disaster Loan Program - 02/01/2013

Local Finance Notice 2013-08 explains the "Community Disaster Loan Program" which is administered through FEMA.  This federal program can provide revenue in support of local budgets experiencing or expected to experience significant revenue losses (greater than 5%) attributable to Superstorm Sandy.  Federal assistance through the program can be included in local government budgets to maintain essential services while revenue sources are rebuilt.  Any county, municipality, authority or fire district interested in applying for a Community Disaster Loan must first notify the Division of Local Government Services by sending an email to Jason.Martucci@dca.state.nj.us.

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Local Finance Notice 2012-31 reviews the FY 2013 Fire District budget preparation process, forms, and guidance on the steps districts should follow to prepare their budget.  Fire District budget documents are now available for downloading on the Division of Local Government Services' website.  Bureau of Authority Regulation staff will respond to e-mails (preferred) to dlgs@dca.state.nj.us or calls to (609) 984-0132 with questions or need for assistance.

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Pursuant to N.J.S.A. 40A:4-45.45.b, the Commissioner of the Department of Community Affairs has adopted regulations defining when costs relating to an emergency can be excluded from municipal, county or fire district property tax levies; or in other words serve as an exception to the 2% tax levy cap.  N.J.A.C. 5:30-3.9 and 5:31-2.10 were published in the July 16, 2012 New Jersey Register as 44 N.J.R. 1971, which can be found on the Division's "Rules and Regulations" webpage.

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