New Jersey School Boards Association
Annual Bond Referenda Survey: 2000
Impact of Facilities Act on
Amount of Expenditures
|
|
Before July 18
|
After July 18
|
Entire Year |
|
Approved |
$358.5 million |
$684.11 million |
$1.0426
billion |
|
Rejected |
$110.22
million |
$144.78
million |
$255 million |
The Educational Facilities and Financing Act was signed into law July 18, 2000. The amount of construction spending placed on the ballot between July 18 and December 31 reflected a 90.8% increase over the total amount placed on the ballot during the first six months of the year.