Tax note arrangement through county will save city money
County offers rate .6 percent lower rate than private lenders
By Jill Bartlett
Instead of working with a private lender, the city has approval to use Monmouth County as a lender for the city’s tax anticipation notes, according to Richard Gartz, the city’s chief municipal finance officer. The deal through the county allows the city to save a little over half of a percent interest on each note, […]
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Apr 16, 2014
