N.J. Admin. Code § 13:79-4.4

Current through Register Vol. 56, No. 24, December 18, 2024

Section 13:79-4.4 - Grantee requirements

(a) A municipality that receives a grant under this program shall maintain the following:

1. A bookkeeping system, records and separate grant files to account for all grant monies spent and all matching funds contributed to the program; and

2. A separate account for all grant monies.

(b) An accounting system that conforms to generally accepted accounting standards.

N.J. Admin. Code § 13:79-4.4

New Rule, R.2009 d.270, effective 9/8/2009.
See: 41 N.J.R. 1978(a), 41 N.J.R. 3308(b).
Former N.J.A.C. 13:79-4.3(a)3, (a)4 and (b) recodified as (a)1, (a)2 and (b); in (a)1 and (a)2, substituted "A" for "Maintenance of a"; in (a)1, deleted a comma following "records"; and in (b), substituted "An" for "Subgrantee" and "system that conforms" for "systems shall conform".