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Egg Harbor Township officials outline $36 million school bond referendum, plan March 10 vote
Summary
Officials presented a $36 million bond referendum for capital repairs and additions — including a 14‑classroom preschool addition — and said state aid would cover roughly $9 million; board members and residents raised questions about election timing and capacity planning.
Egg Harbor Township school officials on Tuesday outlined a proposed $36 million bond referendum that would finance building repairs, HVAC and control upgrades, athletic improvements and a 14‑classroom addition for preschool students.
Business administrator Mr. Smith told the board the funds are restricted to capital improvements and described a timeline that would place the public vote on March 10. "If it passes, then, we can sell bonds," he said, adding that the district is aiming to keep the debt‑service tax levy steady so taxpayers do not see a year‑to‑year increase.
Why it matters: the district said most projects in the measure qualify for state debt‑service aid; Mr. Smith estimated the district's DAP at about 46% and the state aid at roughly $9 million, though he noted a preschool project (Sleighbaugh Primary addition) does not receive debt‑service aid under current…
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