New Jersey § 40A:2-41 Contents of annual debt statement

New Jersey Statutes

§ 40A:2-41 — Contents of annual debt statement

New Jersey § 40A:2-41

Title 40AMUNICIPALITIES AND COUNTIES

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Bluebook

N.J. Stat. Ann. § 40A:2-41 (2026).

Text

The annual debt statement shall be in form prescribed by the director and shall set forth as to the local unit: a. Gross debt; b. Deductions; c. Net debt; d. The equalized valuations of the taxable real estate, together with improvements, for the last 3 preceding fiscal years, and the average thereof; e. Net debt expressed as a percentage of such average of equalized valuations; and f. Any other information or detail required by law or by the director. The amount of any item which is indefinite or unascertainable may be estimated. L.1960, c. 169, s. 1, eff. Jan. 1, 1962. Amended by L.1964, c. 72, s. 5.

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The annual debt statement shall be in form prescribed by the director and shall set forth as to the local unit: a. Gross debt; b. Deductions; c. Net debt; d. The equalized valuations of the taxable real estate, together with improvements, for the last 3 preceding fiscal years, and the average thereof; e. Net debt expressed as a percentage of such average of equalized valuations; and f. Any other information or detail required by law or by the director. The amount of any item which is indefinite or unascertainable may be estimated. L.1960, c. 169, s. 1, eff. Jan. 1, 1962. Amended by L.1964, c. 72, s. 5.