Finance Commission review of municipal finances: recommend distribution, tax assignment and grants to strengthen local fiscal capacity. The Finance Commission must review municipal finances and recommend principles for distribution of State tax proceeds between State and Municipalities and among Municipalities, determine taxes and fees assignable to Municipalities, advise on grants in aid from the State Consolidated Fund, and propose measures to improve municipal financial position; the Governor must lay the Commission's recommendations with an explanatory memorandum before the State Legislature.
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Provisions expressly mentioned in the judgment/order text.
Finance Commission review of municipal finances: recommend distribution, tax assignment and grants to strengthen local fiscal capacity.
The Finance Commission must review municipal finances and recommend principles for distribution of State tax proceeds between State and Municipalities and among Municipalities, determine taxes and fees assignable to Municipalities, advise on grants in aid from the State Consolidated Fund, and propose measures to improve municipal financial position; the Governor must lay the Commission's recommendations with an explanatory memorandum before the State Legislature.
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