New Jersey Statutes 40A:2-41. Contents of annual debt statement
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Terms Used In New Jersey Statutes 40A:2-41
- director: means the Director of the Division of Local Government Services in the Department of Community Affairs. See New Jersey Statutes 40A:1-1
- local unit: means a county or municipality. See New Jersey Statutes 40A:1-1
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.