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06/23/2016   Pre-proposed Amendments: Certification of Available Funds
03/23/2016   Proposed Amendments to Electronic Disbursement Control Rules
02/04/2016   LFN 2016-03: Guidance on LOSAPs
01/26/2016   LFN 2016-02: State of Emergency Relating to Snow Storm

Pre-proposed Amendments: Certification of Available Funds - 06/23/2016

The Local Finance Board is seeking public input on draft changes to rules pertaining to Certification of Available Funds.  The Notice of Preproposal concerning draft amendments to N.J.A.C. 5:30-5.3 through 5.5 can be found on the Division’s “Rules and Regulations” webpage under the heading “Proposed Rules”.  Please submit written comments on the notice of pre-proposal by July 20, 2016 via e-mail to dlgs@dca.nj.gov or by regular mail to: Patricia Parkin McNamara, Executive Secretary - Local Finance Board - Department of Community Affairs - PO Box 803 - Trenton, New Jersey 08625-0803. For comments submitted via e-mail, please place in the subject heading “N.J.A.C. 5:30 Certification of Available Funds Pre-Proposal”.

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Proposed Amendments to Electronic Disbursement Control Rules - 03/23/2016

The Local Finance Board seeks public input on proposed amendments to rules governing electronic disbursement controls for local units.  The proposed amendments, approved for promulgation by the Board at its February 10, 2016 meeting, would expressly authorize a third-party organization to audit, consolidate, and pay energy and utility bills on a local unit’s behalf. The proposed rule amendments to N.J.A.C. 5:30-17.1 through 17.6 have been published in the March 21, 2016 New Jersey Register, and are accessible to view online. Comments on the proposed rule amendments are due no later than May 20, 2016 and may be submitted via email to dlgs@dca.nj.gov with the subject heading “N.J.A.C. 5:30-17 Electronic Disbursement Controls” or by regular mail addressed as follows: Patricia Parkin McNamara, Executive Secretary, Local Finance Board, Department of Community Affairs, P.O. Box 803, Trenton, New Jersey 08625-0803.   

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LFN 2016-03: Guidance on LOSAPs - 02/04/2016

The "Emergency Services Volunteer Length of Service Award Program" (P.L. 1997, c.388) ("LOSAP") was signed into law in 1998 to support the recruitment and retention of fire and first aid volunteers by rewarding their service. The Division of Local Government Services adopted LOSAP Rules on January 16, 2001 and amended on November 26, 2003. In response to concerns with the oversight of certain LOSAPs, the State of New Jersey Office of the State Comptroller ("OSC") conducted a review of several LOSAPs across the State. On June 30, 2015, then Acting State Comptroller Marc Larkins, issued an "Investigative Report: Emergency Services Volunteer Length of Service Award Program" (the "OSC Report"). Local Finance Notice 2016-03 provides Guidance on Administration of Length of Service Award Programs (LOSAPs).

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LFN 2016-02: State of Emergency Relating to Snow Storm - 01/26/2016

Commencing on Friday, January 22nd, a severe winter storm moved through New Jersey for which Governor Christie declared a state of emergency via Executive Order 202.  The storm brought heavy snow, mixed precipitation, strong winds, freezing temperatures and flooding conditions to various portions of the State.  Local Finance Notice 2016-02 has been issued to inform impacted local units of relevant post-storm financing, procurement and property tax related matters.

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Updated: 07/26/2016