Local budget processes must comply with which of the following?

The local budget processes in New Jersey must comply with NJSA 40A:4. This statute outlines the procedures and requirements that municipalities must follow when developing their budgets. It provides a framework for budget preparation, submission, and adoption, ensuring transparency and accountability in how local government funds are managed.

Understanding this statute is crucial for municipal officials and administrators, as it influences every aspect of budgeting—from revenue estimates and appropriations to public hearings and financial reporting. Compliance with NJSA 40A:4 helps ensure that local budgets align with state regulations, promoting good governance and fiscal responsibility.