18A:22-21 - Additional appropriations; purposes; estimation
18A:22-21. Additional appropriations; purposes; estimation
When a board of education of a type I district shall determine by resolution that it is necessary to raise in any school year funds additional to those set forth in its annual budget for such year for:
(1) current expenses or repair or furnishing of buildings made necessary because the amount requisite therefor was underestimated in the budget; or
(2) repair or utilization of property destroyed or made unusable by accident or other unforeseen cause; or
(3) meeting emergencies arising since the making of such budget;
the board shall prepare and deliver to each member of the board of school estimate a statement of the amount of money determined to be necessary therefor.
L.1967, c.271.