
New Jersey School
Boards Association, 413 West State Street, P.O. Box 909, Trenton, NJ
08605-0909
Telephone: (609) 278-5202 ●
Fax:
(609) 695-0413 ●
Web
site: www.njsba.org/PI
FOR IMMEDIATE RELEASE
| CONTACT: | Frank Belluscio (fbelluscio@njsba.org) |
| Mike Yaple (myaple@njsba.org) | |
| (609) 278-5202 |
Voters in three districts approve construction plans
TRENTON, April 22, 2004—Voters approved school construction proposals in three of the seven districts that had bond referenda questions on the ballot Tuesday, the New Jersey School Boards Association reported today.
In addition to the proposed school construction bonds in seven districts, voters statewide also filled more than 1,600 local board positions and acted on 550 proposed school operating budgets.
In the three districts with approved bond referendums, voters authorized a total of $5.6 million of the $58.39 million that was proposed in the seven districts. Slightly more than $2.3 million of the approved amount will be funded through grants under New Jersey’s Educational Facilities Construction and Financing Act. The act, signed in July 2000, provides $8.6 billion in state money for school construction and funds at least 40% of what the state determines are eligible costs for local district projects. Financing that was approved for Tuesday’s ballot is divided between state and local sources as follows:
$5,606,458 — Total approved ($58,398,423 proposed)
$2,313,242 — State grants ($17,291,211 proposed)
$2,507,875 — Locally financed bonds ($40,321,871 proposed)
$785,341 — Other local sources ($785,341 proposed)
Special School Elections. State law limits special school elections to five dates a year: the fourth Tuesday in January, the second Tuesday in March, the last Tuesday in September, the second Tuesday in December, and the Annual School Election on the third Tuesday in April.
To see results of bond referenda since 1997, go to the “Research” section of NJSBA’s news page at www.njsba.org/PI/research
The results of the April 20 bond referendums follow:
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NEW
JERSEY SCHOOL BOND ELECTIONS RESULTS SOURCE: New Jersey School Boards Association
BERGEN COUNTY
$26,050,000 - total
$5,095,700 - state grant $20,954,300 - locally financed bonds
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South Hackensack
Construct an addition to the Memorial School.
$2,500,000 - total $2,500,000 - locally financed bonds
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CAPE MAY COUNTY |
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GLOUCESTER COUNTY
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OCEAN COUNTY
Pinelands Regional - Passed
Renovations to middle and high school.
$1,050,000 - total
$514,659 - state grants
$535,341 - transfer of previously unspent bond proceeds
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Tuckerton
Renovations to the elementary school.
$4,032,158 - total
$1,588,863 - state grants $2,443,295 - locally financed bonds
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Mannington Township
Additions and renovations to the elementary school.
$5,431,962 - total
$1,810,528 - state grants
$3,621,434 - locally financed bonds |
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| The New Jersey School Boards Association is a federation of more than 600 local boards of education. Established more than 85 years ago, NJSBA represents the education and related health and safety interests of New Jersey's 1.3 million public school students and advocates the positions of the state's local school districts. The Association also provides inservice training and technical assistance to the state's 4,800 local board of education members. School board members, who serve without compensation, are the largest group of elected and appointed public officials in the state. |
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pi/newsrel/2004/Bond election results - Apr