Repayable Contribution

Municipal Capital Borrowing

This Board has the responsibility to hear applications for capital borrowing and help municipalities follow a sound financial plan.

  • 4.5/5.0
  • New Brunswick. Environment and Local Government
  • All levels
  • Last updated 9 months ago
  • English
Description
This Board has the responsibility to hear applications for capital borrowing and help municipalities follow a sound financial plan.

  • To provide advice and assistance to applicants, when preparing applications to the Board, including the scheduling and amortization of loans.
  • To provide useful advice on developing an effective five-year capital plan. The hearing of applications also provides a legislated public forum where concerns by municipal residents, about intended borrowing, can be considered.