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CPWM Government Exam Questions and Answers All Correct

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CPWM Government Exam Questions and Answers All Correct Traditional Forms of Government - Answer- Town Township City Village Borough Optional Municipal Charter - Answer- Faulkner Act Municipality has the power to _____ and _____ ordinances and impose penalties - Answer- Adopt Enforce...

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  • November 6, 2024
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  • CPWM Government
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CPWM Government Exam
Questions and Answers All
Correct
Traditional Forms of Government - Answer- Town
Township
City
Village
Borough

Optional Municipal Charter - Answer- Faulkner Act

Municipality has the power to _____ and _____ ordinances and impose penalties -
Answer- Adopt Enforce

Board of Chosen Freeholders hold a ___ year Term - Answer- 3

County is Responsible for - Answer- Mosquito Control
Bridges Repair

3 Types of Budgeting - Answer- Line Based Budget
PPBS
ZBB

What is PPBS - Answer- Planning Programming Budgeting Systems

What is ZBB - Answer- Zero Based Budgeting

4 Purposes of Budgets - Answer- Financial Control
Policy Instrument
Management Tool
Economic Tool

Types of Funds - Answer- Current Fund
Trust Fund
General Capital

, Capital Improvement
Utility

2 Sides of the Budget - Answer- Revenue
Appropriations

Budget Transfers - Answer- Last 2 Months of the year
First 3 Months of Calendar Year

PILOT - Answer- Payment in Lieu of Taxes

Types of Taxes - Answer- Federal Income
State Income
Sales Tax

4 Things make up the Tax Rate - Answer- Municipal tax
County Tax
School Tax
County Library Cost

Life of capital project/equipment must be at least - Answer- 5 years

Minimum Down Payment For Capital - Answer- 5%

Capital Plan <10,000 population - Answer- 3 years

Capital plan >10,000 population - Answer- 6 years

Calendar Year - Answer- Feb 10 Introduction
March 20 - Adopt

State Fiscal Year - Answer- July 27th - Introduction
Sept 1st - Adopt

Contract Year - Answer- 12 month period starting on the contract date

NJSA - Answer- New Jersey Statutes Annotated

What are the Bid Thresholds in NJ - Answer- With QPA 40,000
Without QPA 17,500

Goods and Services Contracts Not to exceed __ months - Answer- 24

Waste Collection Contracts good for ___ Years - Answer- 5

Professional Services Contracts - Answer- 12 Months

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