Municipal bonds have become an unavoidable part of local governance
Ridgewood Councilmember Evan Weitz aka the Bond King
the staff of the Ridgewood blog
Ridgewood NJ, according to resident Steve Kim ,” Ridgewood Municipal debt level has risen at 6 pct percent per year since 2019. This is on top of the municipal tax increase of 4 to 5 percent year.
Let’s not forget the tax referendum on top of this. Also, the performing arts center, which likely will cost $10m+ to reno and $1m+ per year to operate.”
