[Amended 5-2-1995 by Ord. No. 11-95; 1-28-2014 by Ord. No. 56-2013]
The fiscal year of the city shall be from January 1 through December 31 of each calendar year. The city's budget procedures shall follow the mandates of the Local Budget Law, N.J.S.A. 40A:4-1, et seq., and the rules and regulations promulgated thereunder, as amended from time to time by the State Legislature, by the Director of the Division of Local Government Services, the Local Finance Board, and by any other state agencies, boards, officers, or administrative personnel who may be authorized and empowered to do so under the Local Budget Law.