Ballot Question November 2018

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NOVEMBER 6, 2018 GENERAL ELECTION 

VOTERS DECIDE YES OR NO 

Public Question #1 

SECURING OUR CHILDREN’S FUTURE BOND ACT

Question: Do you approve the Securing Our Children’s Future Bond Act? This bond act authorizes the State to issue bonds in the aggregate principal amount of $500 million. The money from the sale of the bonds would be used to provide grants to schools, school districts, county vocational school districts and county colleges. Money from the grants would be used to build, equip, and expand facilities to increase career and technical education program capacity. Money would also be used for school security upgrades and school district water infrastructure improvement projects.

INTERPRETIVE STATEMENT (as appearing on the ballot):

This act would allow the State to borrow a total principal amount of $500 million. This money would be used to provide grants to county vocational school districts and county colleges to construct and equip buildings to increase capacity in career and technical education programs. The money would also be used to provide grants for school security projects at kindergarten through grade 12 schools. The money would also be used to provide grants for school district water infrastructure improvement projects. Three hundred fifty million dollars would support county vocational school district projects and school security projects. Fifty million dollars would support county college projects. One hundred million dollars would support school district water infrastructure improvement projects.

Background as prepared by the League of Women Voters of New Jersey:

Voters vote “yes” or “no” on ballot questions. If approved this question authorizes the State of New Jersey to borrow 500 million dollars in general obligation bonds, which carry the full faith and credit of the State for payment of principal and interest. In this bill

The career and technical education grants are for construction and upgrading of buildings and equipment to increase capacity in CTE programs. Approved projects at county vocational schools and county colleges require the county to support 25% of the cost.

Projects that meet the following criteria will receive priority for CTE grant funding

Reasons to vote yes: This bond issue:

Reasons to vote no: This bond issue: