NJ School Bond Proposal Cut in Half

TRENTON — Pointing to New Jersey's multibillion-dollar debt load, Democratic Gov. Phil Murphy on Monday slashed a legislative proposal for $1 billion in bonds for vocational schools and school security to $500 million.

The Democrat signed the legislation into law after the Democrat-controlled Legislature approved Murphy's changes in a pair of rare morning sessions.

Murphy's signature means voters will be asked on this year's ballot whether to approve the $500 million in new debt for school security, county colleges, vocational schools and water infrastructure. The constitution requires that new debts obtain voter approval.

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https://www.pressofatlanticcity.com/education/citing-debts-murphy-halves-school-bond-proposal-to-m/article_c36468e8-2f6e-5ba3-a2cc-8dd17f472a25.html