NJ Municipal Clerk Review – Questions And Correct Answers
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MUNICIPAL CLERK
A notice that RFP documentation is available shall be published in an
official newspaper of the contracting unit at least days
prior to the date for
submission of proposals.
ANSWERS: 20 days
The contracting unit may charge a fee for the RFP documentation that
shall not exceed or the cost of reproducing the documentation,
whichever is greater.
ANSWERS: $50
All contracts must be awarded within __ days of receipt.
ANSWERS: 60 days
,What are services which are specialized and qualitative in nature
requiring expertise, extensive training and proven reputation in the field
of endeavor called?
ANSWERS: Extraordinary Unspecifiable Services (EUS)
Bids must be advertised for at no less than _ days prior to the date fixed for
receiving bids.
ANSWERS: 10 days
Every bond ordinance shall contain a statement that allows a day limit from
the
date of publication of the adopted ordinance commonly referred to as
the Estoppel period.
ANSWERS: 20 day
A _____ is filed with the Municipal Clerk no later than the day the Bond
Ordinance is
introduced and electronically with the Director of the Division of Local
Government Services.
ANSWERS: Supplemental Debt Statement
A bond ordinance must be published at least days after the introduction.
ANSWERS: 10 days
The vote required for the final adoption of a bond ordinance is
ANSWERS: The affirmative vote of 2/3rds of full membership of the Governing
Body
,Final adoption of a local assessment ordinance must be at leastdays after the
first reading.
ANSWERS: 10 days
No bond ordinance may authorize net debt in excess of _ of the average of
the prior three years equalized assessed real property valuation.
ANSWERS: 3.5%
For a bond ordinance there must be available a down payment of __________
appropriated in the capital budget for the purpose of the bond.
ANSWERS: 5%
Pending the sale of bonds the municipality may raise money on a
temporary basis through the issuance of temporary notes which are
referred to as _______________________________________________________ _.
ANSWERS: Bond Anticipation Notes
The current fund revenues are recorded on a _____ that is in the year the cash
is received as the basis of accounting.
ANSWERS: Cash basis
The DLGS promulgated a ___ which is a thirteen digit code used to identify
the
level of the financial accounts to provide a standardized method
of budget reporting.
ANSWERS: Flexible Chart of Accounts
, All fixed assets with a cost in excess of___ individually must be recorded in
the
fixed asset account group.
ANSWERS: $5,000
_ _______is the official permanent record of the municipality that contains a
summary of all financial transactions as recorded on the original books of
entry.
ANSWERS: General Ledger
A temporary budget must be adopted by resolution within the first days of
the
budget year.
ANSWERS: 30 days
The temporary budget shall not exceed of the total appropriations made in
the
budget for the preceding fiscal year.
ANSWERS: 26.25%
The budget must be published in the official newspaper of the municipality at
least
_ ____ days before the date of the public hearing.
ANSWERS: 10 days
There are ______ municipalities and ___ Counties in NJ.
ANSWERS: 565 municipalities
21 counties
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MUNICIPAL CLERK
A notice that RFP documentation is available shall be published in an
official newspaper of the contracting unit at least days
prior to the date for
submission of proposals.
ANSWERS: 20 days
The contracting unit may charge a fee for the RFP documentation that
shall not exceed or the cost of reproducing the documentation,
whichever is greater.
ANSWERS: $50
All contracts must be awarded within __ days of receipt.
ANSWERS: 60 days
,What are services which are specialized and qualitative in nature
requiring expertise, extensive training and proven reputation in the field
of endeavor called?
ANSWERS: Extraordinary Unspecifiable Services (EUS)
Bids must be advertised for at no less than _ days prior to the date fixed for
receiving bids.
ANSWERS: 10 days
Every bond ordinance shall contain a statement that allows a day limit from
the
date of publication of the adopted ordinance commonly referred to as
the Estoppel period.
ANSWERS: 20 day
A _____ is filed with the Municipal Clerk no later than the day the Bond
Ordinance is
introduced and electronically with the Director of the Division of Local
Government Services.
ANSWERS: Supplemental Debt Statement
A bond ordinance must be published at least days after the introduction.
ANSWERS: 10 days
The vote required for the final adoption of a bond ordinance is
ANSWERS: The affirmative vote of 2/3rds of full membership of the Governing
Body
,Final adoption of a local assessment ordinance must be at leastdays after the
first reading.
ANSWERS: 10 days
No bond ordinance may authorize net debt in excess of _ of the average of
the prior three years equalized assessed real property valuation.
ANSWERS: 3.5%
For a bond ordinance there must be available a down payment of __________
appropriated in the capital budget for the purpose of the bond.
ANSWERS: 5%
Pending the sale of bonds the municipality may raise money on a
temporary basis through the issuance of temporary notes which are
referred to as _______________________________________________________ _.
ANSWERS: Bond Anticipation Notes
The current fund revenues are recorded on a _____ that is in the year the cash
is received as the basis of accounting.
ANSWERS: Cash basis
The DLGS promulgated a ___ which is a thirteen digit code used to identify
the
level of the financial accounts to provide a standardized method
of budget reporting.
ANSWERS: Flexible Chart of Accounts
, All fixed assets with a cost in excess of___ individually must be recorded in
the
fixed asset account group.
ANSWERS: $5,000
_ _______is the official permanent record of the municipality that contains a
summary of all financial transactions as recorded on the original books of
entry.
ANSWERS: General Ledger
A temporary budget must be adopted by resolution within the first days of
the
budget year.
ANSWERS: 30 days
The temporary budget shall not exceed of the total appropriations made in
the
budget for the preceding fiscal year.
ANSWERS: 26.25%
The budget must be published in the official newspaper of the municipality at
least
_ ____ days before the date of the public hearing.
ANSWERS: 10 days
There are ______ municipalities and ___ Counties in NJ.
ANSWERS: 565 municipalities
21 counties
