Start your 7-day free trial — unlock full access instantly.
← Back to Search
Lead Closed
This opportunity is no longer accepting submissions.
AI-Powered Lead Insights
Executive Summary
This document is the Annual Debt Statement for Tuckerton Borough, Ocean County, New Jersey, for the budget year ending December 31, 2025. It details the municipality's debt condition, including municipal/county general obligations, bonds and notes for local and regional school purposes, and water & sewer utility debt. The statement also includes information on deductions applicable to bonds and notes for school and self-liquidating purposes, as well as special debt statements and borrowing power.
Web Content
Automated discovery link found on Tuckerton website.
Document Text
--- Document: 1532 ads 2025 Document ---
1532
Local Unit:
Ocean
Budget Year Ending:
December
31
2025
(year)
Name:
Phone:
Title:
Email:
CFO Cert. #
Address:
TRUE
Gross Debt
Deduction
Net Debt
2,215,000.00
$
2,215,000.00
$
-
$
5,906,357.13
$
5,906,357.13
$
-
$
10,120,297.08
$
10,120,297.08
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
2,870,200.00
$
1,318,836.42
$
1,551,363.58
$
2 Total
21,111,854.21
$
19,560,490.63
$
1,551,363.58
$
3
Year
2023
651,031,805.00
$
2024
719,161,427.00
$
2025
807,010,629.00
$
4
725,734,620.33
$
5
0.214%
State of New Jersey
Department of Community Affairs
Annual Debt Statement
609-296-2701
gloesch@tuckertonborough.com
Net Debt expressed as a percentage of such equalized valuation basis is: %
Equalized Valuation Real Property with Improvements plus assessed valuation of Class II RR
Property
Equalized Valuation Basis - Average of (1), (2) and (3)…………………………………………………
Bonds and Notes for the Water & Sewer Utility
Equalized valuation basis (the average of the equalized valuations of real estate, including improvements and the assessed
valuation of class II railroad property of the local unit for the last 3 preceding years).
Municipal/County General Obligations
Equalized Valuation Real Property with Improvements plus assessed valuation of Class II RR
Property
Total Bonds and Notes for Regional School Purposes
Muni Code:
Equalized Valuation Real Property with Improvements plus assessed valuation of Class II RR
Property
Tuckerton Borough
County:
Chief Financial Officer
Garrett Loesch
420 East Main Street
Tuckerton, NJ 08087
Total Bonds and Notes for Local School Purposes
N-869
Deponent is the Chief Financial Officer of Tuckerton Borough, here and in the statement hereinafter mentioned called
the local unit.
Garrett Loesch, Being duly sworn, deposes and says:
The Annual Debt Statement annexed hereto and hereby made a part thereof is a true statement of the debt condition of
the local unit as of the date therein stated and is computed as provided by the Local Bond Law of New Jersey.
By checking this box, I am swearing that the above statement is true.
Summary
Page 1
If Municipality has no Local School District, check this box:
If Local School District has no debt, check this box:
Local School District Type (select one):
Type II
1
Term Bonds
2
Serial Bonds
(a) Issued
2,215,000.00
$
(b) Authorized but not issued
-
$
3
Temporary Notes
(a) Issued
-
$
(b) Authorized but not issued
-
$
4
Total Bonds and Notes
2,215,000.00
$
5
-
$
6
-
$
7
-
$
8
% of average of equalized valuations
725,734,620.33
$
2.50%
18,143,365.51
$
Use applicable per centum as follows:
2.50% Kindergarten or Grade 1 through Grade 6
3.00% Kindergarten or Grade 1 through Grade 8
3.50% Kindergarten or Grade 1 through Grade 9
4.00% Kindergarten or Grade 1 through Grade 12
9
Additional State School Building Aid Bonds (NJSA 18A:58-33.4(d))
-
$
10 Total Potential Deduction
18,143,365.51
$
Total Allowable Deduction
2,215,000.00
$
Funds on hand in those cases where such funds cannot be diverted to
purposes other than the payment of bonds and notes included in Line
4.
Estimated proceeds of bonds and notes authorized but not issued
where such proceeds will be used for the sole purpose of paying
bonds and notes included in Line 4.
DEDUCTIONS APPLICABLE TO BONDS AND NOTES - FOR SCHOOL PURPOSES
BONDS AND NOTES FOR LOCAL SCHOOL PURPOSES
Amounts held or to be held for the sole purpose of paying bonds and notes included above.
Sinking funds on hand for bonds shown as Line 1 but not in excess of
such bonds.
Local School Debt
Page 2
If there is no Regional School District, check this box:
If Regional School District has no debt, check this box:
Regional School District Name:
1
TERM BONDS
2
SERIAL BONDS
(a) Issued
5,906,357.13
$
(b) Authorized but not issued
3
TEMPORARY BONDS AND NOTES
(a) Issued
-
$
(b) Authorized but not issued
4
TOTAL OF REGIONAL SCHOOL BONDS AND NOTES
5,906,357.13
$
COMPUTATION OF REGIONAL AND/OR CONSOLIDATED SCHOOL DISTRICT DEBT
Average Equalized
Serial Bonds
Temp. Bond-
Authorized
Valuations
Issued
Notes Issued
But not Issued
Bass River Township
243,849,133.33
$
4.49451868%
1,984,554.72
$
-
$
-
$
Eagleswood Township
359,989,458.00
$
6.63516544%
2,929,757.30
$
-
$
-
$
Little Egg Harbor Township
4,095,905,040.67
$
###########
33,334,330.85
$
-
$
-
$
Tuckerton Borough
725,734,620.33
$
###########
5,906,357.13
$
-
$
-
$
Totals
5,425,478,252.33
$
100.00%
44,155,000.00
$
N.J.S.A. 40A:2-43 reads in part as follows: "Gross debt of a municipality shall also include that amount of the total of all the bonds and notes
issued and authorized but not issued by any school district including the area of the municipality, which results from the application to such total of
the ratio which the equalized valuation basis of the municipality bears to the sum of the equalized valuation basis of each municipality in any such
school district."
APPORTIONMENT OF DEBT - December 31, 2025
BONDS AND NOTES FOR REGIONAL SCHOOL PURPOSES 1
Municipality
%
Pinelands Regional School Distrct
% OF VALUATIONS APPORTIONED TO EACH MUNICIPALITY
Regional School Debt
Page 3
If Regional School District has no debt, check this box:
Regional School District Name:
1
TERM BONDS
2
SERIAL BONDS
(a) Issued
(b) Authorized but not issued
3
TEMPORARY BONDS AND NOTES
(a) Issued
(b) Authorized but not issued
4
TOTAL OF REGIONAL SCHOOL BONDS AND NOTES
-
$
COMPUTATION OF REGIONAL AND/OR CONSOLIDATED SCHOOL DISTRICT DEBT
Average Equalized
Serial Bonds
Temp. Bond-
Authorized
Valuations
Issued
Notes Issued
But not Issued
Totals
-
$
0.00%
Municipality
%
*Only utilize this page if the municipality is part of more than one regional school district.
BONDS AND NOTES FOR REGIONAL SCHOOL PURPOSES 2
N.J.S.A. 40A:2-43 reads in part as follows: "Gross debt of a municipality shall also include that amount of the total of all the bonds and notes
issued and authorized but not issued by any school district including the area of the municipality, which results from the application to such total of
the ratio which the equalized valuation basis of the municipality bears to the sum of the equalized valuation basis of each municipality in any such
school district."
% OF VALUATIONS APPORTIONED TO EACH MUNICIPALITY
APPORTIONMENT OF DEBT - December 31, 2025
Regional School Debt 2
Page 4
If there are no Utilities, check this box:
If Utility has no debt, check this box:
I.
Utility
1.
Term bonds
-
$
2.
Serial bonds
(a)
Issued
1,345,000.00
$
(b)
Authorized but not issue
3,240,998.49
$
3
Bond Anticipation Notes
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
4
Capital Notes (N.J.S.A. 40A:2-8)
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
5
Other
(a)
Issued
5,534,298.59
$
(b)
Authorized but not issued
-
$
6
Total
10,120,297.08
$
1.
Total Cash Receipts from Fees, Rents or Other Charges for Year
3,525,942.94
$
2.
Operating and Maintenance Cost
2,502,680.00
$
3.
Debt Service
(a)
Interest
148,000.00
$
(b)
Notes
-
$
(c)
Serial Bonds
536,937.32
$
(d)
Sinking Fund Requirements
-
$
4.
Debt Service per Current Budget (N.J.S.A. 40A:2-52)
(a)
Interest on Refunding Bonds
-
$
(b)
Refunding Bonds
-
$
5.
Anticipated Deficit in Dedicated Assessment Budget
-
$
6.
Total Debt Service
684,937.32
$
7.
Total Deductions (Line 2 plus Line 6)
3,187,617.32
$
8.
Excess in Revenues (Line 1 minus Line 7)
338,325.62
$
9.
Deficit in Revenues (Line 7 minus Line 1)
-
$
10. Total Debt Service (Line 6)
684,937.32
$
11. Deficit (smaller of Line 9 or Line 10)
-
$
If Excess in Revenues (Line 8) all Utility Debt is Deductible
(a) Gross
Water & Sewer
System Debt
10,120,297.08
$
(b) Less: Deficit (Capitalized at 5%), (Line 9 or line 11)
times 20
-
$
(c) Deduction
10,120,297.08
$
(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above
(e) Total Deduction (Deficit in revenues)
10,120,297.08
$
(f) NonDeductible Combined GO Debt
-
$
BONDS AND NOTES FOR UTILITY FUND
Water & Sewer
DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES
Self-Liquidating Utility Calculation
Utility Debt 1
Page 5
If Utility has no debt, check this box:
II.
Utility
1.
Term bonds
-
$
2.
Serial bonds
(a)
Issued
-
$
(b)
Authorized but not issue
-
$
3
Bond Anticipation Notes
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
4
Capital Notes (N.J.S.A. 40A:2-8)
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
5
Other
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
6
Total
-
$
1.
Total Cash Receipts from Fees, Rents or Other Charges for Year
-
$
2.
Operating and Maintenance Cost
-
$
3.
Debt Service
(a)
Interest
-
$
(b)
Notes
-
$
(c)
Serial Bonds
-
$
(d)
Sinking Fund Requirements
-
$
4.
Debt Service per Current Budget (N.J.S.A. 40A:2-52)
(a)
Interest on Refunding Bonds
-
$
(b)
Refunding Bonds
-
$
5.
Anticipated Deficit in Dedicated Assessment Budget
-
$
6.
Total Debt Service
-
$
7.
Total Deductions (Line 2 plus Line 6)
-
$
8.
Excess in Revenues (Line 1 minus Line 7)
-
$
9.
Deficit in Revenues (Line 7 minus Line 1)
-
$
10. Total Debt Service (Line 6)
-
$
11. Deficit (smaller of Line 9 or Line 10)
-
$
If Excess in Revenues (Line 8) all Utility Debt is Deductible
(a) Gross
0
System Debt
-
$
(b) Less: Deficit (Capitalized at 5%), (Line 9 or line 11)
times 20
-
$
(c) Deduction
-
$
(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above
(e) Total Deduction (Deficit in revenues)
-
$
(f) NonDeductible Combined GO Debt
-
$
BONDS AND NOTES FOR UTILITY FUND
DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES
Self-Liquidating Utility Calculation
Utility Debt 2
Page 6
If Utility has no debt, check this box:
III.
Utility
1.
Term bonds
-
$
2.
Serial bonds
(a)
Issued
-
$
(b)
Authorized but not issue
-
$
3
Bond Anticipation Notes
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
4
Capital Notes (N.J.S.A. 40A:2-8)
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
5
Other
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
6
Total
-
$
1.
Total Cash Receipts from Fees, Rents or Other Charges for Year
-
$
2.
Operating and Maintenance Cost
-
$
3.
Debt Service
(a)
Interest
-
$
(b)
Notes
-
$
(c)
Serial Bonds
-
$
(d)
Sinking Fund Requirements
-
$
4.
Debt Service per Current Budget (N.J.S.A. 40A:2-52)
(a)
Interest on Refunding Bonds
-
$
(b)
Refunding Bonds
-
$
5.
Anticipated Deficit in Dedicated Assessment Budget
-
$
6.
Total Debt Service
-
$
7.
Total Deductions (Line 2 plus Line 6)
-
$
8.
Excess in Revenues (Line 1 minus Line 7)
-
$
9.
Deficit in Revenues (Line 7 minus Line 1)
-
$
10. Total Debt Service (Line 6)
-
$
11. Deficit (smaller of Line 9 or Line 10)
-
$
If Excess in Revenues (Line 8) all Utility Debt is Deductible
(a) Gross
0
System Debt
-
$
(b) Less: Deficit (Capitalized at 5%), (Line 9 or line 11)
times 20
-
$
(c) Deduction
-
$
(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above
(e) Total Deduction (Deficit in revenues)
-
$
(f) NonDeductible Combined GO Debt
-
$
BONDS AND NOTES FOR UTILITY FUND
DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES
Self-Liquidating Utility Calculation
Utility Debt 3
Page 7
If Utility has no debt, check this box:
IV.
Utility
1.
Term bonds
-
$
2.
Serial bonds
(a)
Issued
-
$
(b)
Authorized but not issue
-
$
3
Bond Anticipation Notes
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
4
Capital Notes (N.J.S.A. 40A:2-8)
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
5
Other
(a)
Issued
-
$
(b)
Authorized but not issued
-
$
6
Total
-
$
1.
Total Cash Receipts from Fees, Rents or Other Charges for Year
-
$
2.
Operating and Maintenance Cost
-
$
3.
Debt Service
(a)
Interest
-
$
(b)
Notes
-
$
(c)
Serial Bonds
-
$
(d)
Sinking Fund Requirements
-
$
4.
Debt Service per Current Budget (N.J.S.A. 40A:2-52)
(a)
Interest on Refunding Bonds
-
$
(b)
Refunding Bonds
-
$
5.
Anticipated Deficit in Dedicated Assessment Budget
-
$
6.
Total Debt Service
-
$
7.
Total Deductions (Line 2 plus Line 6)
-
$
8.
Excess in Revenues (Line 1 minus Line 7)
-
$
9.
Deficit in Revenues (Line 7 minus Line 1)
-
$
10. Total Debt Service (Line 6)
-
$
11. Deficit (smaller of Line 9 or Line 10)
-
$
If Excess in Revenues (Line 8) all Utility Debt is Deductible
(a) Gross
0
System Debt
-
$
(b) Less: Deficit (Capitalized at 5%), (Line 9 or line 11)
times 20
-
$
(c) Deduction
-
$
(d) Plus: Cash held to Pay Bonds and Notes included in 2 (a) above
(e) Total Deduction (Deficit in revenues)
-
$
(f) NonDeductible Combined GO Debt
-
$
BONDS AND NOTES FOR UTILITY FUND
DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES
Self-Liquidating Utility Calculation
Utility Debt 4
Page 8
1 TERM BONDS (state purposes separately)
(1)
-
$
(2)
-
$
(3)
-
$
(4)
-
$
(5)
-
$
Total Term Bonds
-
$
2 SERIAL BONDS (state purposes separately)
(a) Issued
(1)
General Obligation Bonds Series 2024
1,395,000.00
$
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
-
$
(15)
-
$
(16)
-
$
(17)
-
$
(18)
-
$
(19)
-
$
(20)
-
$
(21)
-
$
(22)
-
$
(23)
-
$
(24)
-
$
(25)
-
$
(26)
-
$
(27)
-
$
(28)
-
$
(29)
-
$
(30)
-
$
(31)
-
$
(32)
-
$
(33)
-
$
(34)
-
$
(35)
-
$
(36)
-
$
(37)
-
$
(38)
-
$
(39)
-
$
(40)
-
$
(41)
-
$
(42)
-
$
(43)
-
$
(44)
-
$
(45)
-
$
(46)
-
$
(47)
-
$
(48)
-
$
(49)
-
$
(50)
-
$
(51)
-
$
(52)
-
$
(53)
-
$
(54)
-
$
(55)
-
$
(56)
-
$
(57)
-
$
(58)
-
$
(59)
-
$
(60)
-
$
(61)
-
$
(62)
-
$
(63)
-
$
(64)
-
$
Total Serial Bonds Issued
1,395,000.00
$
3
OTHER BONDS, NOTES AND LOANS - Page 1
Bonds Issued
Page 9
(b) Bonds Authorized but not Issued
(1)
Acquisition of Trash/Recycling Truck
313,500.00
$
(2)
(3)
(4)
(5)
(6)
(7)
-
$
(8)
-
$
(9)
-
$
(10)
-
$
(11)
-
$
(12)
-
$
(13)
-
$
(14)
-
$
(15)
-
$
(16)
-
$
(17)
-
$
(18)
-
$
(19)
-
$
(20)
-
$
(21)
-
$
(22)
-
$
(23)
-
$
(24)
-
$
(25)
-
$
Total Serial Bonds Authorized but not Issued
313,500.00
$
3 Total Serial Bonds Issued and Authorized but not Issued
1,708,500.00
$
OTHER BONDS, NOTES AND LOANS - Page 1a
Bonds Authorized
Page 10
4 BOND ANTICIPATION NOTES (state purposes separately)
(a) Issued
(1)
Acquisition of Police Deprtment Vehicle and an Ambulance
366,700.00
$
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
(24)
(25)
(26)
(27)
(28)
(29)
(30)
(31)
(32)
(33)
(34)
(35)
(36)
(37)
(38)
(39)
(40)
(41)
(42)
(43)
(44)
(45)
(46)
(47)
(48)
(49)
(50)
(51)
(52)
(53)
(54)
(55)
(56)
(57)
(58)
(59)
Bond Anticipation Notes Issued
366,700.00
$
OTHER BONDS, NOTES AND LOANS - Page 2
Notes Issued
Page 11
4 BOND ANTICIPATION NOTES (state purposes separately)
(b) Authorized but not issued
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
(24)
(25)
(26)
(27)
(28)
(29)
(30)
(31)
(32)
(33)
(34)
(35)
(36)
(37)
(38)
(39)
(40)
(41)
(42)
(43)
(44)
(45)
OTHER BONDS, NOTES AND LOANS - Page 3a
Notes Authorized
Page 12
4 BOND ANTICIPATION NOTES (state purposes separately)
(b) Authorized but not issued (Continued)
(46)
(47)
(48)
(49)
(50)
(51)
(52)
(53)
(54)
(55)
(56)
(57)
(58)
(59)
(60)
(61)
(62)
(63)
(64)
(65)
(66)
(67)
(68)
(69)
(70)
(71)
(72)
(73)
(74)
(75)
(76)
(77)
(78)
(79)
(80)
(81)
(82)
(83)
(84)
(85)
(86)
(87)
(88)
Bond Anticipation Notes Authorized but not Issued
-
$
5 Total Bond Anticipation Notes Issued and Authorized but not Issued
366,700.00
$
OTHER BONDS, NOTES AND LOANS - Page 3b
Notes Authorized 2
Page 13
6 MISCELLANEOUS BONDS, NOTES AND LOANS
(a) Issued
(1)
Capital Notes (N.J.S.A. 40A:2-8)
(2)
Bonds issued by another Public Body Guaranteed by Municipality or County
(3)
Green Trust Loans
(4)
Infrastructure Trust
(5)
Special Assessment Series 2024
795,000.00
$
(6)
(7)
Miscellaneous Bonds, Notes and Loans Issued
795,000.00
$
(b) Authorized but not issued
(1)
Capital Notes (N.J.S.A. 40A:2-8)
(2)
Bonds issued by another Public Body Guaranteed by Municipality or County
(3)
(4)
(5)
Miscellaneous Bonds and Notes Authorized but not Issued
-
$
Total Miscellaneous Bonds, Notes and Loans Issued and Authorized but not Issued
795,000.00
$
OTHER BONDS, NOTES AND LOANS - Page 4
(not including Tax Anticipation Notes, Emergency Notes, Special Emergency Notes and Utility Revenue Notes)
Misc. Bonds, Notes, Loans
Page 14
1.
Amounts held or to be held for the sole purpose of paying general bonds and notes included
(a)
Sinking funds on hand for term bonds
(1)
-
$
-
$
(b)
(1)
Reserve for Retirement of Debt
1,219,500.00
$
(2)
Assessment Cash
99,336.42
$
(3)
-
$
1,318,836.42
$
(c)
(1)
-
$
(2)
-
$
(3)
-
$
-
$
(d)
(1)
(2)
-
$
(3)
-
$
-
$
2.
Bonds authorized by another Public Body to be guaranteed by the municipality
3.
-
$
4.
-
$
5.
Refunding Bonds (N.J.S.A 40A:2-52)
(1)
-
$
(2)
-
$
-
$
Total Deductions Applicable to Other Bonds and Notes
1,318,836.42
$
Bonds issued and bonds authorized but not issued - Capital projects for County
Colleges (N.J.S.A. 18A:64A-22.1 to 18A:64A-22.8)
DEDUCTIONS APPLICABLE TO OTHER BONDS AND NOTES
Funds on hand (including proceeds of bonds and notes held to pay other
bonds and notes), in those cases where such funds cannot be diverted to
purposes other than the payment of bonds and notes
Estimated proceeds of bonds and notes authorized but not issued where
such proceeds will be used for the sole purpose of paying bonds and
notes
Accounts receivable from other public authorities applicable only to the
payment of any part of the gross debt not otherwise deductible
Bonds issued and bonds authorized by not issued to meet cash grants-in-aid for
housing authority, redevelopment agency or municipality acting as its local public
agency [N.J.S.A. 55:14B-4.1(d)]
Deductions
Page 15
(1)
(2)
(3)
(4)
-
$
(5)
-
$
(6)
-
$
(7)
-
$
(8)
-
$
(9)
-
$
(10)
-
$
(11)
-
$
(12)
-
$
(13)
-
$
(14)
-
$
(15)
-
$
(16)
-
$
(17)
-
$
(18)
-
$
(19)
-
$
(20)
-
$
(21)
-
$
(22)
-
$
(23)
-
$
(24)
-
$
(25)
-
$
(26)
-
$
(27)
-
$
(28)
-
$
(29)
-
$
(30)
-
$
(31)
-
$
(32)
-
$
(33)
-
$
(34)
-
$
(35)
-
$
(36)
-
$
(37)
-
$
(38)
-
$
(39)
-
$
(40)
-
$
(41)
-
$
(42)
-
$
(43)
-
$
(44)
-
$
(45)
-
$
(46)
-
$
(47)
-
$
(48)
-
$
(49)
-
$
(50)
-
$
-
$
Bonds authorized/issued by another Public Body to be guaranteed by the municipality
Total Bonds and Notes authorized/issued by another Public Body to be
guaranteed by the municipality
Guarantees
Page 16
1. Balance of debt incurring capacity December 31, 2024 (NJSA 40:1-16(d))
-
$
2. Obligations heretofore authorized during 2025 in
excess of debt limitation and pursuant to:
(a)
NJSA 40A:2-7, paragraph (d)
-
$
(b)
NJSA 40A:2-7, paragraph (f)
-
$
(c)
NJSA 40A:2-7, paragraph (g)
-
$
Total
-
$
3. Less 2025 authorizations repealed during 2025
-
$
4. Net authorizations during 2025
-
$
5.
-
$
AVAILABLE UNDER N.J.S.A. 40A:2-7(f)
SPECIAL DEBT STATEMENT BORROWING POWER
Balance of debt incurring capacity December 31, 2025 (NJSA 40:1-16(d))
Special Debt
Page 17
1 Capital Leases and Other Comittments
(1)
-
$
(2)
-
$
(3)
-
$
(4)
-
$
(5)
-
$
(6)
-
$
(7)
-
$
(8)
-
$
(9)
-
$
(10)
-
$
(11)
-
$
(12)
-
$
(13)
-
$
(14)
-
$
(15)
-
$
(16)
-
$
(17)
-
$
(18)
-
$
(19)
-
$
(20)
-
$
(21)
-
$
(22)
-
$
(23)
-
$
(24)
-
$
(25)
-
$
(26)
-
$
(27)
-
$
(28)
-
$
(29)
-
$
(30)
-
$
(31)
-
$
(32)
-
$
(33)
-
$
(34)
-
$
(35)
-
$
(36)
-
$
(37)
-
$
(38)
-
$
(39)
-
$
(40)
-
$
(41)
-
$
(42)
-
$
(43)
-
$
(44)
-
$
(45)
-
$
(46)
-
$
(47)
-
$
(48)
-
$
(49)
-
$
(50)
-
$
Total Leases and Other Comittments
-
$
Obligations NOT Included in Gross Debt
Capital Leases - Not in Gross
Page 18
2 Guarantees NOT included in Gross Debt - Public and Private
(1)
-
$
(2)
-
$
(3)
-
$
(4)
-
$
(5)
-
$
(6)
-
$
(7)
-
$
(8)
-
$
(9)
-
$
(10)
-
$
(11)
-
$
(12)
-
$
(13)
-
$
(14)
-
$
(15)
-
$
(16)
-
$
(17)
-
$
(18)
-
$
(19)
-
$
(20)
-
$
(21)
-
$
(22)
-
$
(23)
-
$
(24)
-
$
(25)
-
$
(26)
-
$
(27)
-
$
(28)
-
$
(29)
-
$
(30)
-
$
(31)
-
$
(32)
-
$
(33)
-
$
(34)
-
$
(35)
-
$
(36)
-
$
(37)
-
$
(38)
-
$
(39)
-
$
(40)
-
$
(41)
-
$
(42)
-
$
(43)
-
$
(44)
-
$
(45)
-
$
(46)
-
$
(47)
-
$
(48)
-
$
(49)
-
$
(50)
-
$
Total Guarantees NOT included in Gross Debt - Public and Private
-
$
Obligations NOT Included in Gross Debt
Guarantees - Not in Gross
Page 19
Protected Document Content
Start your free trial to view the raw municipal bid documents and web text.
Unlock Full AccessDetailed Risk Breakdown
local preference
No Flags Found
performance bond
No Flags Found
liquidated damages
No Flags Found
Quick Actions
Contacts
Explore More
Timeline
First Discovered
Apr 2, 2026
Last Info Update
Apr 2, 2026
Start your 7-day free trial
Get instant notifications and full bid analysis. Existing users will be logged in automatically.
Start Free Trial