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Current as of January 01, 2024 | Updated by Findlaw Staff
2. The respective municipalities receiving such sum from any county as aforesaid shall apply the same to the reduction of the budget for the ensuing taxing year to such an extent as the levy assessed and collected for such ensuing year shall be the amount required by the act to which this act is a supplement of the necessary one mill upon each dollar of valuation, the intent of this act being that the amount required to be raised for the purpose of liquidating the principal and interest of the bonds authorized shall be as required by the said act to which this is a supplement.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 27 § 11-7(21) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-27-11-7-21/
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