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$1.5 Million Borrowing for Playground and Capital Projects
Summary
The borough plans to borrow up to $1.5 million from Brentwood Bank at 5.49% to fund the Next Generation Playground and other capital needs. It's a 10-year note with a 12-month draw period.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed May 26, 2026.
Impact analysis
💰Financial impact
Up to $1.5 million in new borough debt at 5.49% interest over 10 years.
✅Who benefits
Families and kids who'll use the new playground, plus any other capital needs that arise.
⚠️Who could be affected
Taxpayers who ultimately service the debt.
Mentions & discussions (1)
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