A Bonding: How does Teaneck compare? How does Teaneck compare to surrounding areas in terms of bonding? In the State of New Jersey, municipalities may bond up to the debt limit1, which is 3.5% of the equalized valuation2 of taxable real estate. In plain English: each town adds up the value of all their land, … Continue reading Bonding: How does Teaneck compare?
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