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Holland Township School District Bond Proposal Question No. 1: roofing, HVAC and flooring ($11,550,060)

On the ballot in
Holland Township
Vote
Yes or no
Election
Nov 3, 2026

The question, as printed on the ballot

The Board of Education of the Township of Holland in the County of Hunterdon, New Jersey (the “Board”) is authorized to (a) undertake various improvements, renovations, alterations and upgrades at the Holland Township School, including but not limited to the replacement of roofing, various HVAC improvements and the replacement of asbestos flooring, including acquisition and installation of fixtures, equipment, and any site work; (b) appropriate $11,550,060 for such improvements; and (c) issue bonds in an amount not to exceed $11,550,060. The final eligible costs for the projects approved by the New Jersey Commissioner of Education are $11,550,060. The projects include $0 for school facility construction 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). The State debt service aid percentage will equal 40% of the annual debt service due with respect to the final eligible costs of the projects. The Board of Education is authorized to transfer funds among the projects approved at this election. Do you approve this Bond Proposal Question No. 1?

A “Yes” vote means

The board may borrow up to $11,550,060 for roofing, HVAC and asbestos flooring work at Holland Township School; the State would pay 40% of eligible debt service.

A “No” vote means

The board is not authorized to issue these bonds, and Question No. 2 cannot take effect.

Official plain English statement

At this election, the voters of the school district are being asked to consider Bond Proposal Questions No. 1 and No. 2. As set forth above, Bond Proposal Question No. 2 can only go into effect if Bond Proposal Question No. 1 is also approved by the voters at this election, although Bond Proposal No. 1, if approved, can go into effect even if Bond Proposal No. 2 is rejected. If Bond Proposal Questions No. 1 and No. 2 are approved by the voters at this election, the Board of Education will be authorized to undertake various improvements, renovations, alterations and upgrades at Holland Township School, including but not limited to the replacement of roofing, various HVAC improvements, the replacement of asbestos flooring, window replacement, renovations to bathrooms, lockers, flooring, classrooms, the multi-purpose room and the installation of an alarm. The foregoing improvements shall include acquisition of fixtures, furniture, equipment and any site work. The total cost for the projects will be $15,972,660, and the Board of Education will be authorized to issue bonds in an amount not to exceed $15,972,660. The final eligible costs for the projects approved by the New Jersey Commissioner of Education are $15,972,660. The projects include $0 for school facility construction 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). The State debt service aid percentage is 40% of the annual debt service due with respect to the final eligible costs of the projects. The Board of Education is authorized to transfer funds among the projects approved at this election.

Sources

The question and plain English statement are copied word for word from official election materials. The Gist does not take a side on ballot questions.