news release
New Jersey School Boards Association, P.O. Box 909, Trenton, NJ 08605-0909
Telephone: (609) 278-5202 • Fax: (609) 695-0413 • Web site: www.njsba.org/PI
CONTACT: Frank Belluscio (fbelluscio@njsba.org)
Mike Yaple (myaple@njsba.org)
Total project costs – $156,287,477 ($172,193,587 proposed)
State grants – $48,391,883 ($49,637,367 proposed)
Locally financed bonds – $106,669,773 ($121,330,399 proposed)
Other local sources – $1,225,821 ($1,225,821 proposed)
State law limits special school elections to five dates a year. The next date that a school board can put a bond referendum question before local voters is September 27.
APRIL 19, 2005
BOND REFEREUNDUM RESULTS
Improvements to Memorial Elementary and Fieldstone Middle schools.
$3,940,733 – total
$1,569,093 – state grant
$2,371,640 – local bonds
Additions and renovations to the
$2,350,671 – total
$224,850 – state grant
$900,000 – local bonds
$1,225,821 – transfer from capital reserve
Replace roofs at two schools; new phone system at two schools and administrative offices.
$1,327,812 – total
$527,125 – state grant
$800,687 – local bonds
Addition and renovations to
$46,932,907 – total
$13,910,264 – state grant
$33,022,643 – local bonds
Proposal 1: Additions and renovations to four schools.
$22,860,000 – total
$5,288,429 – state grant
$17,571,571 – local bonds
$1,192,000 – total
$476,800 – state grant
$715,200 – local bonds
$2,650,000 – total
$411,600 – state grant
$2,238,400 – local bonds
Additions and renovations to the Hanover Park and
$46,210,352 – total
$14,496,268 – state grant
$31,714,084 – local bonds
Construct a building for use as an alternative education program and athletic field house.
$1,167,400 – total
$1,167,400 – local bonds
Addition and renovations to the G. Harold Antrium Elementary School.
$8,988,502 – total
$3,553,654 – state grant
$5,434,848 – local bonds
Install solar panels at seven schools.
$19,834,500 – total
$7,933,800 – state grant
$11,900,700 – local bonds
Renovations to the
$3,113,710 – total
$1,245,484 – state grant
$1,868,226 – local bonds
To fund the completion of various renovations that voters approved in a May 2001 referendum.
$11,625,000 – total
$11,625,000 – local bonds