ASSEMBLY APPROPRIATIONS COMMITTEE

 

STATEMENT TO

 

ASSEMBLY, No. 5100

 

STATE OF NEW JERSEY

 

DATED:  DECEMBER 16, 2024

 

      The Assembly Appropriations Committee reports favorably Assembly Bill No. 5100.

      P.L.2023, c.74, the Fiscal Year 2024 Appropriations Act, appropriated $6 million to the Department of Community Affairs for distribution to the Town of West New York to support the construction of an overpass project.  However, $3 million of this appropriation lapsed to the Property Tax Relief Fund at the end of Fiscal Year 2024.  As of December 2024, the $3 million balance of this appropriation remains unexpended.

      In order to restore and reauthorize the full amount appropriated in FY 2024 for the Town of West New York, the bill provides a FY 2025 supplemental appropriation of $3 million and adds budget language re-appropriating the balance of the FY 2024 appropriation to support the construction of the recreation center by the municipality.

 

FISCAL IMPACT:

      This bill is not certified as requiring a fiscal note.