Nj municipalities - Study guides, Class notes & Summaries

CMFO Exam - Theory & Statutes Verified Questions And Answers 100% Correct Quiz What are the four divisions of the Department of Community Affairs? 1. Division of Housing & Community Resources 2. Division of Codes & Standards 3. Division of Fire Safety 4. Division of Local Government Services What is the primary purpose of the Division of Local Government Services? - to maintain the financial integrity & solvency of all local government units (municipalities, authorities, special distric...

Broker One who buys and sells for another for a fee. Broker-Salesperson A qualified broker who practices real estate in the position of salesperson in another broker's office bureau of subsidized land sales control regulations covering out of state properties sold in NJ continuing education 12 hours required every two years, two of which must be on ethics NJ Real Estate Commission Department of Banking and Insurance. 8 members. 5 brokers for at least 10 years, two from general public a...

CMFO Exam - Current Fund Complete Questions And Answers With Verified Solutions Name the two types of local units of government in NJ 1. Municipalities 2. Counties A municipality & county are essentially: - corporations created by the State's Constitution and statutes A municipal corporation is designed to: - aid the municipality in carrying out specific activities A municipal corporation has the following powers: (5) 1. to sue & be sued, to defend & be defended in all courts of law ...

21 - correct answer Number of counties in NJ (1) 565 - correct answer Number of municipalities in NJ (1) 1. City 2. Town 3. Township 4. Borough 5. Village - correct answer 5 types of local government (1) TRADITIONAL COUNTY PLANS Elected freeholders as general govt body, 3 yr overlapping terms. Policy making at administrative level (FH are all admins) OPTION COUNTY CHARTER PLANS 3, 5, 7 or 9 members, concurrent or overlapping terms, FHs elected from districts or at large or b...

How many counties are there in NJ? correct answers 21 How many municipalities are in the state of New Jersey? correct answers 565 Forms of municipal government ... correct answers 1) Special Charter 2) Commission 3) Municipal Manager 4) Optional Municipal Charter "Faulkner Act" Name types of Optional Municipal Charters "Faulkner Act" correct answers Powers of a Municipality correct answers Differences between type I and type II school districts... correct answers 1) Type...

NJ CMFO - Municipal Finance Administration Questions And Answers With Verified Quiz 21 Number of counties in NJ (1) 565 Number of municipalities in NJ (1) 1. City 2. Town 3. Township 4. Borough 5. Village 5 types of local government (1) TRADITIONAL COUNTY PLANS Elected freeholders as general govt body, 3 yr overlapping terms. Policy making at administrative level (FH are all admins) OPTION COUNTY CHARTER PLANS 3, 5, 7 or 9 members, concurrent or overlapping terms, FHs elected...

Under the Uniform Commercial Code (UCC) Article 2 (Sales) - When the seller is aware of the purpose for which the buyer needs the goods in questions and is aware that they buyer is relying upon the seller to select proper goods, thus the courts have held that the seller is obligated to supply goods reasonably fit for the purpose intended is known as: A) Express Warranty B) Warranty of Title C) Implied Warranty D) Partial Warrant - ️️C) Implied Warranty Under the New Jersey Open Public ...

Name the two types of local units of government in NJ - 1. Municipalities 2. Counties A municipality & county are essentially: - - corporations created by the State's Constitution and statutes A municipal corporation is designed to: - - aid the municipality in carrying out specific activities A municipal corporation has the following powers: (5) - 1. to sue & be sued, to defend & be defended in all courts of law 2. to adopt a common seal 3. to acquire property 4. to acquire, lease, an...

Municipal Finance Administration NJCMFO Exam Questions And Answer 2023 The Fundamental Purpose of Local Government To provide essential public services such as refuse collection, police protection, education, fire suppression and prevention, library, recreation, and other important services which impact the everyday lives of virtually every citizen. Five types of Municipalities in NJ Town, Township, Borough, Village, and City 4-forms of Government that can be adopted by the voters 1. The ...

True - ANSWER-T/F: Due from State of New Jersey for Senior citizen Deductions can be anticipated as a revenue in the current fund budget as non-cash surplus retirement of serial bonds - ANSWER-Trust Assessment Fund cash is first pledged to: quarterly basis - ANSWER-Municipal Library Levy is paid on a True - ANSWER-T/F: budget transfers from Capital Improvement Fund are not permitted Corrective Action Plan - ANSWER-Finding/Condition; Recommendation; explanation & corrective action; im...