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Author: Created: 1/26/2012 3:18 PM RssIcon
This blog is dedicated to everything you want to know about NJ Fire Districts.
By - Oliver Walling on 9/17/2012 11:50 AM
Key issues discussed at the Annual NJ State Association of Fire Districts meeting.
By - Oliver Walling on 8/13/2012 10:23 AM
New Jersey Fire Districts are exempt from sales and use tax, but sometimes a vendor just will not accept it.
By - Oliver Walling on 7/31/2012 11:13 AM
Is your Board thinking about making a Capital purchase in 2013?  Now is the time to start the process.  Since Capital purchases are outside the Cap, DCA is questioning some of the items being budgeted as "Capital".  Review with your attorney the statutory definition of Capital.


All Capital purchases must have voter approval prior to inclusion in the budget.  So, if you have a Capital purchase planned for 2013,  you must have voter approval before you introduce your 2013 Budget.  There are two types of election processes permitted by statute.  One is like the February election where you need 60 days of notice and prescribed hours for voting.  The other method is a special meeting election.  This method requires 10 days notice and the window for voting can be much smaller.  If you are issuing bonds for the purchase, most bond attorneys will insist upon the 60 day election.  Lease purchasing is permitted through the special meeting election.  You must request authorization to issue bonds or lease purchasing if you are financing the project.  You must obtain voter approval to purchase and to finance.

By - Oliver Walling on 7/5/2012 11:09 AM
New legislations allows districts to amend the adopted budget if unanticipated revenue is received.
By - Oliver Walling on 2/13/2012 7:30 PM
Fire Districts are required by law to publish in an online web site minutes of meetings, adopted budgets, audited financial statements and other information.
By - Oliver Walling on 1/27/2012 5:07 PM
The Government Accounting Standards Board (GASB) has changed the names of fund balance accounts to be more descriptive of the uses of the funds.

Recent Articles

2015 Budget
FALL 2013
2012 Wrap Up
October Update
Exemption from New Jersey Sales and Use Tax
2013 Capital Purchases