The Division of Local Government Services issued Local Finance Notice 2018-16 providing an update on the Financial Automation Submission Tracking (FAST) and the reopening of the budget module for municipalities.
The Division of Local Government Services issued Local Finance Notice 2018-16 providing an update on the Financial Automation Submission Tracking (FAST) and the reopening of the budget module for municipalities. Calendar Year municipalities will be required to enter their budget into FAST starting in 2019. However, the FAST budget module does contain a “roll-over” feature that allows information from one year to be pre-populated in following year’s budget documents, so entering your adopted 2018 budget information into the FAST system now may reduce the burden of doing so later. State Fiscal Year municipalities will be required to submit their 2019 financial documents and budget using FAST.
Contact: Lori Buckelew, Senior Legislative Analyst, lbuckelew@njslom.org, 609-695-3481, Ext. 112.