New Jersey’s Local Finance Board last week approved more than $33 million of state-qualified bonding for local governments, with West New York poised to sell $11.5 million of long-term debt to help address increasing health care and workman’s compensation costs.

While the panel approved the $33 million of borrowing, it deferred a $385 million proposed refunding deal for the North Hudson Sewerage Authority as state officials asked to see more details of the transaction before voting on the bonds.

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