Contact Us
Make My Homepage

NJ Voters Need Information on School Construction Borrowing [AUDIO]

New Jersey voters would have all of the necessary information to make informed decisions on school construction borrowing under a new bill.

School Construction
Flickr User davef3138

Assemblywoman Caroline Casagrande has introduced legislation that would require school districts to include some basic financial information on a ballot question seeking voter approval to borrow for school construction.

“Ignorance is bliss until government’s credit card hits you in the wallet,” said Casagrande. “Property taxpayers should have a few pieces of basic information before deciding to go deeper in debt to make an investment in their schools.”

On ballot questions, districts are currently required to list the total cost of the project, with a breakdown of state and local funding.

The legislation would require more detailed information for a clearer fiscal picture, including:

*Estimated impact on the average property taxpayer

*Total existing debt in the school district and municipality

*The project’s square foot by dollar and pupil

An Educated Voter Is The Best Voter

“A taxpayer’s responsibility to monitor government spending cannot be fulfilled if local officials deny the right to have basic information needed to make an informed decision,” explained Casagrande. “You don’t finance a new car without being aware of your personal budget situation and you shouldn’t approve borrowing millions for a school project without similar knowledge.”

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

 

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!