April 23, 2013
Re: DLGS News Update April 23 issued
The Division of Local Government Services (DLGS) in the Department of Community Affairs (DCA) for the State of New Jersey (NJ) has issued a lengthy News Update. Here are some of the highlights.
1. 2013 Financial Disclosure Statements: LFN 2013-14R
Local Finance Notice 2013-14R
(www.state.nj.us/dca/divisions/dlgs/resources/fds.html) provides detailed Filing Instructions for Local Government Officers to submit 2013 Financial Disclosure Statements using the new online filing process. The filing deadline has been extended to May 31, 2013. Rosters should not be submitted to the Local Finance Board until after the Division releases a future local finance notice specifically concerning rosters.
2. FY 2014 Local Employer Pension Bills
On April 15, 2013, the Christie Administration issued a press release regarding Fiscal Year 2014 pension bills for local governments across the state. These bills provide the formal actuarial assessment of pension costs to each local government with employees in the Public Employee Retirement System (PERS) and the Police and Firemen's Retirement System (PFRS).
Detailed information can be viewed online at:
3. Executive Order Requirement to Apply for Community Disaster Loans
On March 15, Governor Christie signed Executive Order 128 (http://nj.gov/infobank/circular/eocc128.pdf). Those municipalities, counties, school districts, fire districts and local authorities that can reasonably estimate revenue losses of more than 5% in 2013 due to Superstorm Sandy's impacts on ratables and other revenue sources are REQUIRED to apply for a (FEMA) Federal Community Disaster Loan. The APPLICATION DEADLINE HAS BEEN EXTENDED through May 15, 2013. Please review Local Finance Notice
2013-12 (http://www.nj.gov/dca/divisions/dlgs/lfns/13/2013-12.pdf) for further information. If you have questions about whether your local unit should apply, please contact Jason Martucci, the Division's Community Disaster Loan Coordinator, by email to Jason.Martucci@dca.state.nj.us. If you have not begun the application process, please do so by following the instructions in Local Finance Notice 2013-8 (http://www.nj.gov/dca/divisions/dlgs/lfns/13/2013-8.pdf).
4. Current Year (2011) Homestead Benefit Program
The Division of Taxation has updated their website
(www.state.nj.us/treasury/taxation/homestead/geninf.shtml) to reflect information regarding the Current Year (2011) Homestead Benefit Program.
Most eligible homeowners will receive their 2011 homestead benefit as a credit applied to property tax bills in August 2013. Those homeowners who either sold their home prior to filing the homestead benefit application, or whose principal residence was a unit in a co-op or continuing care retirement community will be issued a benefit in the form of a check or direct deposit in August 2013. Tenants will not receive a 2011 rebate. The deadline for filing 2011 applications was December 14, 2012. For questions, please contact Pat Turin of the Division of Local Government Services at
609-292-6858 or e-mail Pat.Turin@dca.state.nj.us.
The DLGS News Update also includes valuable information regarding disaster recovery assistance opportunities. We will soon provide additional correspondence on that.
Very truly yours,
William G. Dressel, Jr.,