Current through Register Vol. 56, No. 23, December 2, 2024
Section 5:30-12.3 - Federal grants for library services(a) When a Federal grant for extended library services is received by the municipal treasurer it should be credit to "Reserve for Library Services with Federal Aid." (The 1966 and subsequent years' municipal budget forms will include "State or Federal Aid for Maintenance of Libraries" in the "Dedication by Rider--40A:4-39 ".) 1. If budget appropriations and other moneys are customarily turned over in full to the treasurer of the board of trustees as provided in 40:54-13, the municipal treasurer should promptly draw his check on the "Reserve" account and turn the funds over to the library board.2. If budget appropriations are customarily retained in the custody of the municipal treasurer and disbursed by him after approval by the board of trustees of the free public library, the municipal treasurer should credit the money received from the Federal grant to the aforementioned "Reserve" account and expend such moneys in the same manner as other funds are expended by the library board. N.J. Admin. Code § 5:30-12.3