Teaneck NJ Debt

Teaneck NJ Debt - 1996 to 2022

(from Teaneck Annual Debt Statements)

Year

Authorized

Authorized
Not Issued

Issued Debt

Debt %

BofE Debt

1996

$9,686,784

$8,539,284

$1,147,500

0.37%

$6,463,000

1997

$9,557,575

$4,477,575

$5,080,000

0.36%

$6,253,000

1998

$8,947,168

$3,934,668

$5,012,500

0.34%

$6,023,000

1999

$11,911,698

$6,966,698

$4,945,000

0.44%

$5,783,000

2000

$11,318,124

$6,543,624

$4,774,500

0.40%

$25,217,380

2001

$10,790,124

$6,436,124

$4,354,000

0.36%

$16,779,000

2002

$12,317,516

$8,031,016

$4,286,500

0.37%

$16,379,000

2003

$11,601,315

$7,582,315

$4,019,000

0.32%

$15,949,000

2004

$13,973,221

$10,221,721

$3,751,500

0.34%

$21,541,000

2005

$14,631,203

$9,452,203

$5,179,000

0.33%

$20,751,000

2006

$20,768,193

$11,033,693

$9,734,500

0.41%

$19,946,000

2007

$20,382,293

$11,947,293

$8,435,000

0.36%

$19,096,000

2008

$20,337,427

$10,351,927

$9,985,500

0.34%

$18,490,000

2009

$27,405,592

$12,617,627

$14,787,965

0.44%

$17,545,000

2010

$29,086,357

$7,878,466

$21,207,891

0.48%

$16,565,000

Deductions

Net

Debt %

Equalized Value Basis

2011

$35,372,957

$10,146,683

$25,226,274

0.60%

$15,530,000

$5,950,000

$29,422,957

0.497%

$5,914,379,011

2012

$33,288,371

$9,438,521

$23,849,850

0.58%

$22,625,000

$5,450,000

$27,838,371

0.487%

$5,722,133,408

2013

$35,560,078

$12,013,991

$23,546,087

0.65%

$21,190,000

$6,538,000

$29,022,078

0.527%

$5,508,992,642

2014

$36,507,697

$5,459,315

$31,048,382

0.69%

$19,350,000

$5,394,000

$31,113,697

0.588%

$5,288,693,618

2015

$35,968,835

$5,706,673

$30,262,162

0.69%

$18,045,000

$4,476,696

$31,492,139

0.605%

$5,206,949,480

2016

$36,244,639

$8,294,473

$27,950,166

0.68%

$16,085,000

$3,444,132

$32,800,508

0.619%

$5,300,503,133

2017

$43,041,007

$17,369,473

$25,671,534

0.79%

$14,580,000

$2,561,012

$40,479,995

0.744%

$5,437,207,955

2018

$48,308,843

$18,373,945

$29,934,898

0.86%

$13,050,000

$1,861,526

$46,447,317

0.826%

$5,620,635,162

2019

$56,487,756

$24,054,895

$32,432,861

0.96%

$11,470,000

$958,691

$55,529,065

0.947%

$5,861,955,211

2020

$53,891,004

$19,217,695

$34,673,309

0.88%

$9,840,000

$231,612

$53,659,392

0.877%

$6,117,710,209

2021

$64,724,615

$19,193,275

$45,531,340

1.02%

$8,795,000

$8,550,666

$56,173,949

0.886%

$6,337,288,342

2022

$66,246,425

$23,871,175

$42,375,250

0.99%

$7,590,000

$8,205,779

$58,040,646

0.872%

$6,658,364,520

All columns and the chart represent municipal debt except the BofE Debt

The Debt% represents the Debt as a percentage of Equalized Value. Up till 2010 this was calculated based on total authorized debt. Starting in 2011 the authorized debt

excludes certain Deductions and is calculated on the Net after the exclusions. The section with the grey background shows those calculations.