A.__If a municipality receives a net increase in funding in |
any fiscal year, the municipality shall reduce its property |
tax levy limit in that year in an amount equal to the net |
increase in funding.__If a municipality receives a net |
increase in funding in any fiscal year for which its |
property tax levy limit for that year cannot be adjusted, |
the municipality shall reduce its property tax levy limit in |
the following year in an amount equal to the net increase in |
funding. |