Each MCHC certificate of need applicant shall submit a budget plan for the first complete year of operation which links all projected salary and non-salary costs to the required activities as described at N.J.A.C. 8:33C-2.5, Staffing requirement, 5.1, Required services,and 7.3 (, Staff qualifications. Subsequent to certificate of need approval, a projected budget, including the Board approved formula for distribution of the allocated or assessed amount to be paid by member hospitals, shall be provided annually by the MCHC to the Department for review and approval.
N.J. Admin. Code § 8:33C-2.4