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NJ Bonded Debt Sheds $2B — More Than 5% Year Over Year — According to New Report

April 2, 2024 |

Credit: Image by Alan Cleaver from Pixabay

New Jersey’s bonded debt dropped to $41.5 billion during the past fiscal year, a reduction of more than $2 billion compared with the year before, according to new calculations included in a financial report released last week.

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NJ SEED: Many states and the nation are awash in debt. The Murphy Administration is to be commended for continuing to work on reducing NJ’s bonded indebtedness.

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