2017 Annual Debt Statement

This is an Annual Debt Statement for Port Republic City, New Jersey, as of December 31, 2017. The statement, prepared on January 15, 2018, provides an overview of the city's gross debt, deductions, and net debt across various categories, including local school purposes, regional school purposes, utilities, and municipal/county general obligations. The total gross debt is reported as $336,219.00, with no deductions, resulting in a net debt of $336,219.00. The document also details the equalized valuation basis and the calculation of debt as a percentage of this valuation.