Rutgers Municipal Capital And Trust Fund Accounting Practice Test

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Which statement about the final adoption voting requirement is true?
Correct Answer:
Final adoption requires a two-thirds vote of the full membership, counted as recorded affirmative votes.
Explanation:
The key idea is that final adoption requires a supermajority of the entire membership, not just a simple majority of those who vote. Specifically, you must have two-thirds of the full membership voting in the affirmative, with only affirmative votes counted toward that threshold. Abstentions, negatives, or members who are absent do not count as affirmative toward the two-thirds target. This makes final adoption quite stringent, ensuring broad consensus beyond just those who show up. For example, with twelve members, two-thirds is eight. You would need at least eight recorded yes votes for final adoption, regardless of how many members are present or how many abstain or vote no. If fewer than eight yes votes are recorded, the measure does not pass. The other statements don’t fit because they describe simpler thresholds (a simple majority of those present), unanimous consent, or no vote required, which are not consistent with the two-thirds of the full membership standard that must be met with recorded affirmative votes.

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