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Article: New Jersey: School Bonds Aplenty.
- Article from:
- The Bond Buyer
- Article date:
- December 20, 2004
- Author:
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Residents in 25 local school districts last week approved bond sales totaling nearly $352.2 million to fund school construction projects, according to the New Jersey School Boards Association. The approved projects vary in size from nearly $81.4 million for additions and renovations in East Brunswick Township to $386,757 in Alloway Township.
Edwina M. Lee, the association's executive director, said in a statement that the success of so many referendums "demonstrates that communities want to take advantage of state funds for school construction."
New Jersey provides matching funds for school projects and that has encouraged many voters to approve school ...