Meeting

Bond Referendum Virtual Forum - MTPS Focus on the Future

Body

MoorestownNJ BOE

Date

September 02, 2025

Jurisdiction

State & Local

📚 Education 🏗️ Construction & Infrastructure Physical Infrastructure Grants & Funding

The Moorestown Township Public Schools Board of Education held a virtual forum on September 2, 2025, to discuss a two-question bond referendum scheduled for September 16, 2025. The forum focused on proposed capital improvement projects aimed at addressing enrollment growth and upgrading aging school infrastructure. Key projects include a two-story addition at the middle school to accommodate sixth graders, renovations to elementary schools to support full-day kindergarten, HVAC and roofing replacements, athletic facility upgrades including turf field replacements and lighting, and the construction of a freestanding operations center to free up instructional space at the high school. The district expects to receive approximately $18.7 million in state aid contingent on voter approval, which would reduce the local tax impact. Financial advisors and bond counsel explained the borrowing strategy involving tax-exempt municipal bonds and emphasized safeguards to ensure spending does not exceed voter authorization. The forum also addressed traffic flow improvements, parking expansions, and community use of new facilities. Attendees were encouraged to vote and informed about mail-in voting options. No motions or votes were taken during the forum itself, as it served to inform the public about the referendum and related procurement plans.

Source

MoorestownNJ BOE