NJ
New Jersey Assembly Bill A2588

New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill A2588

Introduced
2/14/22  

Caption

Requires "miscellaneous revenues" in a municipal budget expected to be realized from municipal court to be listed under "Fines and Costs" line item.

Impact

If enacted, this bill will affect how municipalities in New Jersey report revenues derived from municipal courts. By mandating that such revenues be categorized specifically under 'Fines and Costs', the bill aims to reduce the likelihood of misrepresentation or obfuscation of these funds within municipal budgets. This adjustment could also standardize how municipalities report these revenues, aiding in more uniform financial practices statewide.

Summary

Assembly Bill A2588, introduced in the New Jersey Legislature, seeks to amend the existing municipal budget law by redefining how 'miscellaneous revenues' related to municipal courts are accounted for. The primary aim of the bill is to require that any anticipated revenue derivable from municipal courts be classified explicitly as 'Fines and Costs' within the municipal budget documentation. This change intends to enhance clarity and transparency in municipal financial reporting.

Contention

While the bill is designed to streamline municipal budget classifications, it has sparked debate regarding the implications of emphasizing court-based revenues. Critics argue that this categorization may reinforce perceptions of municipalities relying heavily on fines and penal revenues, which could be construed as prioritizing revenue generation over community welfare and public service. Proponents, however, claim that the change is inherently about improving financial transparency rather than altering the fiscal dynamics of municipality operations.

Latest NJ A2588 Activity

View All Events: NJ 2022-2023 Regular Session A2588

Companion Bills

No companion bills found.

Previously Filed As

NJ A2590

Requires anticipation of parking fees in county and municipal budgets.

NJ A5755

Requires certain municipalities to include certain information concerning beach costs and revenues in municipality's public access plan.

NJ A3804

Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over two years; prohibits anticipation of certain revenue in municipal budget; requires additional aid be subtracted from municipal property tax levy.

NJ A2991

Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over two years; prohibits anticipation of certain revenue in municipal budget; requires additional aid be subtracted from municipal property tax levy.

NJ S1387

Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over two years; prohibits anticipation of certain revenue in municipal budget; requires additional aid be subtracted from municipal property tax levy.

NJ S330

Increases distribution to municipalities from Energy Tax Receipts Property Tax Relief Fund over two years; prohibits anticipation of certain revenue in municipal budget; requires additional aid be subtracted from municipal property tax levy.

NJ SB2524

Counties, municipalities and school districts; require to publish their annual budget online.

NJ SB2310

Counties, municipalities and school districts; require to publish their annual budget online.

NJ S2307

Reduces allowed diversion of funds from stormwater, water, and sewer purposes to municipal and county budgets; requires municipalities and counties to notify Division of Local Government Services of diversions.

NJ A2273

Reduces allowed diversion of funds from stormwater, water, and sewer purposes to municipal and county budgets; requires municipalities and counties to notify Division of Local Government Services of diversions.

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