Passaic Freeholders Seek to Bond $7.5m ; Newly Elected Republicans Take Issue

Summary

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Passaic County's lame duck, all-Democratic Freeholder Board has proposed nearly $8 million in new bonded debt, barely a month before three Republicans -- who won last month's election promising fiscal conservatism -- take office.

The freeholders have proposed three separate bond issues totaling $7.5 million. The lion's share of the money would be used for upgrades and equipment purchases at Passaic County Community College and the Passaic County Technical Institute.

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Extract

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Passaic Freeholders Seek to Bond $7.5m ; Newly Elected Republicans Take Issue

Democrats, who control all seven votes on the Freeholder Board until Jan. 7, say the new debt is absolutely necessary to maintain the quality of the county's top educational instit...

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