Teaneck NJ Debt

Teaneck NJ Debt Service - 1994 to 2023

(from Teaneck Annual Audit Reports except 2022 from Budget

and 2023 from proposed budget)

Year

Debt Service

% increase

Municipal Tax

Service %

1994

$82,575

$22,047,824

0.4%

1995

$86,738

5.0%

$23,077,307

0.4%

1996

$85,725

-1.2%

$24,988,351

0.3%

1997

$84,713

-1.2%

$26,788,791

0.3%

1998

$240,900

184.4%

$26,852,844

0.9%

1999

$232,688

-3.4%

$28,643,844

0.8%

2000

$311,123

33.7%

$29,847,209

1.0%

2001

$604,741

94.4%

$30,523,826

2.0%

2002

$258,352

-57.3%

$32,321,745

0.8%

2003

$421,058

63.0%

$34,309,721

1.2%

2004

$412,046

-2.1%

$35,843,243

1.1%

2005

$892,793

116.7%

$38,213,434

2.3%

2006

$899,121

0.7%

$41,754,975

2.2%

2007

$1,639,294

82.3%

$45,134,088

3.6%

2008

$1,337,873

-18.4%

$45,589,878

2.9%

2009

$1,620,048

21.1%

$47,948,110

3.4%

2010

$1,635,768

1.0%

$50,242,040

3.3%

2011

$1,843,947

12.7%

$51,450,663

3.6%

2012

$1,880,879

2.0%

$49,527,772

3.8%

2013

$2,153,921

14.5%

$51,560,120

4.2%

2014

$2,402,375

11.5%

$53,286,843

4.5%

2015

$2,604,650

8.4%

$53,302,262

4.9%

2016

$2,698,503

3.6%

$53,056,956

5.1%

2017

$2,747,334

1.8%

$53,032,800

5.2%

2018

$2,914,078

6.1%

$53,004,585

5.5%

2019

$3,075,736

5.5%

$53,591,618

5.7%

2020

$2,944,281

-4.3%

$54,012,908

5.5%

2021

$2,815,790

-4.4%

$54,648,114

5.2%

2022

$3,853,400

36.8%

$55,057,282

7.0%

2023

$4,017,989

4.3%

$57,868,947

6.9%