BOND REFERENDUM SPECIAL ELECTION DECEMBER 11, 2018
WELCOME TO THE CHERRY HILL PUBLIC SCHOOLS
BOND REFERENDUM PAGE
WHY A BOND? Bonds are a way for school districts to raise money – which they then must pay back over a period of years – typically to finance building projects or other capital projects. Although we have vigorously sought the funding we are owed from the state for decades, our lack of state funding has forced us to make tough choices. We have chosen to maintain small classes, important programs and quality staff. What little money has been left, even after using grant funding, has not been enough to fully cover our needed facilities improvements. We continue to fight to secure our fair share of funding, but even when we finally receive the $29 million we should annually, our needs will far exceed those funds.
WHY NOW? In 2019, CHPS will be debt free. This is the ideal time to borrow money. Bond Question 1 will have no tax impact and will address many of our needs. Bond Questions 2 and 3 will impact taxes to give our students the facilities they deserve and will help keep our community a desirable, vibrant place to live, work and learn. The time is now to build a solid future for our students and our community.
WHAT ARE THE LONG TERM BENEFITS? The projects funded by the bonds will enhance the safety, health and overall learning environment for all students, at all grade levels, for years to come.
ALL CHERRY HILL PUBLIC SCHOOLS WILL RECEIVE IMPROVEMENT PROJECTS
This webpage is your source for detailed information about the bond. Please see the links at the left for information specific to each school, a tax impact calculator to determine the impact on your property taxes, and voting information.