New Jersey Acts Saved from Repeal ACTS SAVED 27 § 11-7(20)

1. Whenever the sinking fund commission shall overestimate the amount necessary for the interest and the sinking fund payments as provided in the act to which this is a supplement, or the comptroller of the treasury shall miscalculate the amount in dollars, or the millage on the dollar of valuation, as the case may be, to be assessed, levied and collected as in said act provided, in each county, and said sum, incorrectly estimated or miscalculated shall be duly certified and included by any county board of taxation in the current tax levy of the several municipalities of the county upon which municipal taxes are or shall be assessed, levied and collected, in proportion to the ratables by said county board of taxation ascertained, it shall be lawful for any board of chosen freeholders of any county, by resolution, after approval thereof by the commissioner of municipal accounts of this state, to direct, and they shall so direct, the restriction or repayment of such sum as may heretofore have been or may be collected in said county in the possession of said county by reason of such incorrect estimate or miscalculation, to the various municipalities paying the same, together with any increment or interest upon banking balances upon such sum.