Rumson-Fair Haven Regional High School Board of Education
Vote for 2 (Rumson Borough)
Ciara Dagostino
Dorothy Whitehouse
Rumson Borough Board of Education
Vote for 3
Curran Ridge Scoble
Mike Roberto
Lauren Frunzi
Rumson-Fair Haven Regional High School Board of Education
Vote for 1 (Fair Haven Borough)
Brian J. Leddin
Fair Haven Board of Education
Vote for 3
Emily Kuskin
Anne-Marie Kaluz
No Petition Filed
Rumson Board of Education
Bond Proposal Question
The Board of Education of the Borough of Rumson in the County of Monmouth, New Jersey is authorized: (a) to provide for renovations, alterations, improvements and additions at Deane-Porter Elementary School and Forrestdale School, including acquisition and installation of equipment, fixtures and furnishings, site work and related work and costs; (b) to appropriate $13,603,291 for such purposes and (c) to issue bonds of the school district in the principal amount of $13,603,291.
The final eligible costs of the projects approved by the Commissioner of Education are $5,089,965 (with $4,249,213 allocated to Deane-Porter Elementary School and $840,752 allocated to Forrestdale School). The projects include $1,412,459 allocated to Forrestdale School for elements in addition to the facilities efficiency standards developed by the Commissioner of Education or not otherwise eligible for State support pursuant to N.J.S.A. 18A:7G-5(g). Under State law the debt service aid percentage as defined is zero percent, but the state share will be 40% of the annual debt service due with respect to the final eligible costs of the projects, contingent on annual state budget appropriations. The Board of Education is authorized to transfer funds among the projects approved at this election.
Do you approve this bond proposal?
Interpretive Statement
If approved by the voters, the bond proposal will authorize the Board of Education to issue school bonds in an amount not to exceed $13,603,291 to fund school capital projects and to be able to receive school facilities aid to offset the school district's costs. As required by law, the bond proposal discloses the district aid percentage and eligible project costs determined by the New Jersey Department of Education in project approval letters. District aid percentage is a term defined in law, and the reference to 40% in the proposal is not the State share of the project costs. The district aid percentage and eligible project costs are used by the State as part of a formula to distribute school facilities aid to help pay principal and interest due on the school bonds each year. The percentage of principal and interest the school district receives each year as school facilities aid from the State also depends on the amount the State legislature appropriates in the annual state budget to pay the school facilities aid due each year for all eligible New Jersey school districts. The funds raised by the issuance of the bonds will be used by the school district to implement the projects. The total cost of all the projects cannot exceed the amount authorized to be spent.
Monmouth County Surrogate
Vote for 1
Anthony L. Cherry (D)
Maureen T. Raisch (R)
Board of Monmouth County Commissioners
Vote for 2
Chelsey Tanner (D)
Sofia J. Ugarte (D)
Erik Anderson (R)
Tony Perry (R)
Voting
On Primary Election Day, polls will be open from 6 a.m. to 8 p.m. throughout Monmouth County. Polling locations can be found here or through a search on the NJ Division of Elections website.