DEEP’s cost projections, and it’s general evaluation and assessment of the the project, are focused on project capital costs and state fiscal assistance – which is the basis of the supplemental Bond Resolution, required by DEEP to be approved by our Association on May 24, 2025.
DEEP’s fiscal proforma does not include potential/projected interest or operating costs over a 20 year period. Our spreadsheet does provide such information, but again, for the purposes of the Bond Resolution projections involving future year interest and operating costs are not part the Bond Resolution costs.
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