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Current as of January 01, 2024 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - New Jersey Statutes Title 40A. Municipalities and Counties 40A § 2-41 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-40a-municipalities-and-counties/nj-st-sect-40a-2-41/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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