{"data":{"id":"us-nj/n.j.-stat.-52-27d-476","jurisdiction":"us-nj","citation":"N.J. Stat. § 52:27D-476","heading":"Revenue allocation fund for district","body":"28.  The district agent shall establish and maintain a special fund called the \"(Name of district agent) Revenue Allocation Fund,\" and herein referred to as \"district fund\" or \"fund.\"\nThe fund shall be used by the district agent for purposes of the \"Revenue Allocation District Financing Act,\"P.L.2001, c.310 (C.52:27D-459 et seq.), including but not limited to:\na.\tpaying the project costs;\nb.\tpaying the principal of and interest on bonds or other obligations issued or guaranteed pursuant to the \"Revenue Allocation District Financing Act,\"P.L.2001, c.310 (C.52:27D-459 et seq.);\nc.\tprepaying the principal of and interest on the bonds or other obligations;\nd.\tpaying additional property tax increment revenue, if any, to taxing entities, as provided for in subsections b. and c. of section 29 of P.L.2001, c.310 (C.52:27D-477) or in the final revenue allocation plan; and\ne.\treimbursing the municipality for any payments made by the State pursuant to the \"Municipal Qualified Bond Act,\" P.L.1976, c.38 (C.40A:3-1 et seq.) to pay debt service on any qualified bonds issued pursuant to section 35 of P.L.2001, c.310 (C.52:27D-483).\nL.2001,c.310,s.28.","path":["TITLE 52 STATE GOVERNMENT, DEPARTMENTS AND OFFICERS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"524f01b32eccd6782c1224830b485198589a3095dfa4a7cbf0e303cc67e24228","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-52-27d-475","next":"us-nj/n.j.-stat.-52-27d-477"},"notice":"GroundRules: Original legal text. Not legal advice."}