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Board authorizes $4.445 million in school bonds and requests $4.799 million in school taxes for 2026–27

Seaside Heights Board of Education · May 18, 2026
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Summary

The Seaside Heights board adopted a resolution to determine the form and sale of $4,445,000 in School Bonds, Series 2026, and requested $4,799,327 in district taxes for the 2026–27 fiscal year.

The Seaside Heights Board of Education adopted a resolution authorizing the form, sale, and other details of $4,445,000 aggregate principal amount of School Bonds, Series 2026, as authorized by voter approval at the March 10, 2026 special election. The board also requested district taxes totaling $4,799,327 for the 2026–27 school year (July 1, 2026–June 30, 2027), with monthly General Fund amounts of $399,944 (June $399,943).

These actions were approved as part of the Business Administrator’s agenda (Items 1–11) during a roll call vote that carried unanimously. The bond authorization links to the referendum-approved capital work, including planned HVAC upgrades at Hugh J. Boyd, Jr. Elementary School, and sets the financial framework for forthcoming procurement and project work.