The Division of Local Government Services has issued Local Finance Notice 2018-12 on the filing of the 2018 Financial Disclosure Statements (FDS). The deadline to file an FDS is on or before April 30.
The Division of Local Government Services has issued guidance on the filing of the 2018 Financial Disclosure Statements. Local Finance Notice 2018-12 outlines the online filing procedures for filing the statutorily required annual Financial Disclosure Statements. The deadline to file the Financial Disclosure Statements (FDS) is on or before April 30th.
Please note that the Local Finance Board may periodically conduct audits for compliance and initiate investigations. Local Government Officers can be assessed an appropriate fine that is not less than $100 nor more than $500 pursuant to N.J.S.A. 40A:9-22.10. In addition, for elected officials, the failure to file a FDS can subject the municipality to a loss of State Aid, as it is a question on the “Best Practices” Questionnaire.
Contact: Lori Buckelew, Senior Legislative Analyst, lbuckelew@njslom.org, 609-695-3481, ext. 112.