DID YOU KNOW?
Borough Debt
- Our current administration has been carrying more bond debt than any prior administrations as they prepare for their most costly project in 2025.
- Our Mayor and Council watched as the rates escalated from 0.14% in 2019, to 0.19% in 2020, to 0.338% in 2021 to 3.89% in 2024 adding an exorbitant amount of interest to the debt.
- The failure to lock jn long-term rates each year as they refunded the loan has always gone unchecked.
- They admittedly do not have a clear plan to pay down this debt.
- Even though they have tried to explain that one-year bonds are the more responsible way to finance these expenses above and beyond the annual budget, the Borough administrator informed us that they WILL utilize long-term bonds for the new OEM/Firehouse project next year.
Checks and balances are necessary to ensure fiscally responsibility!
CLICK HERE to read more about Ramsey Bond Debt.
Vote Dunne and Crandall November 5th!
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CLICK HERE FOR EARLY VOTER INFORMATION,
VOTE-BY-MAIL DROP-OFF LOCATIONS, AND POLLING LOCATION SEARCH
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Click on the tabs at the top of the screen to learn about three of the biggest issues facing Ramsey residents today: Borough Debt, Ramsey Data Breach, Lead Pipe Replacement
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Please -- reach out if you have any questions. We look forward to hearing from you!
DunneAndCrandall@gmail.com | (551) 579-4412 (call/text)
Candidates for Ramsey Council, Mike Dunne and Jennifer Crandall.
