NJ Voters OK $500 Million for K-12 Security
The $500 million bond measure, the Secure Our Children’s Future Act, also includes funding for county colleges and improving water systems in K-12 schools.
- By Jessica Davis
- November 09, 2018
In Tuesday’s election, New Jersey voters approved a proposal to borrow $500 million to strengthen security for K-12 schools and expand vocational schools.
The $500 million bond measure, the Secure Our Children’s Future Act, also includes funding for county colleges and improving water systems in K-12 schools. The New Jersey Constitution requires that new state borrowing be approved by a majority of voters.
The bond was cut to $500 million from $1 billion out of concern for New Jersey’s high debt burden. State officials have not said how much $500 million in new borrowing would cost each year.
A majority of the funds, $350 million, will go toward expanding county vocational technical schools and improving K-12 school security. From the rest of the funds, $100 million will upgrade water infrastructure to remove lead, and $50 million is earmarked for community colleges.
About the Author
Jessica Davis is the Associate Content Editor for 1105 Media.