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SDS 05/15/2023.pdf

2119_sds_2023_filed.pdf
Preview of SDS 05/15/2023
🔗 Source: phillipsburgnj.org
📊 Size: 120 KB
👤 Author: Taryn Ericsen
⬇️ Downloads: 41

Summary

The State of New Jersey Department of Community Affairs has filed a Supplemental Debt Statement for Phillipsburg Town, prepared as of May 15, 2023. The statement shows the town's net debt as $20,203,742.01, with an increase of $242,322.42 in other bonds and notes. The town is authorizing $1,894,704 in bonds for various improvements, bringing the total net debt to $22,098,446.01. The equalized valuation basis for the town is $822,698,581.33, and the net debt as a percentage of this basis is 2.686%. The statement also includes computations for indebtedness for improvement or extension of an existing municipal public utility, school indebtedness, and regional school indebtedness. Additionally, it shows the borrowing power available under N.J.S.A. 40A:2-7(f) and 40A:2-7(g).

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Description

The State of New Jersey Department of Community Affairs has filed a Supplemental Debt Statement for Phillipsburg Town, prepared as of May 15, 2023.

Technical Information

  • File Format: PDF
  • File Size: 120 KB
  • Pages: 5
  • Language: EN
  • Author: Taryn Ericsen
  • Total Downloads: 41
  • Last Updated: 1 week ago

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