The Department of Community Affairs issued a press release and the Division of Local Government Services issued a more detailed Local Finance Notice
2013-06 designed to help those individuals involved in note and bond sales - particularly note and bond sales in communities hard-hit by Superstorm Sandy. The material amounts to an explanation as to why New Jersey's local government debt is a sound investment option with special information explaining why this is the case even with respect to debt issued by municipalities particularly hard-hit by Superstorm Sandy.
The material in these documents goes beyond the immediate needs of those who are seeking Superstorm Sandy information. It generally provides a refresher as to why New Jersey's unique system of financial oversight has made local debt in New Jersey some of the most stable investment options in the country.
The Press release can be found at:
The Local Finance Notice can be found at: