01/18/2025
The fourth bond referendum in eight years, potentially totaling as much as $89.1 million, will be decided by Princeton voters in a special election Jan. 28.
The bond referendum, which is divided into three questions, asks voters to approve spending up to $89.1 million for renovations and expansions to four of the six schools in the Princeton Public Schools. The State of New Jersey will pick up part of the tab for debt service.
The three previous bond referendums in 2018, 2022 and 2023 totaled $57.3 million. The State of New Jersey picked up part of the tab for debt service for each one.
If all three questions are approved by voters later this month, voters will have approved spending a total of $146.4 million in eight years.
In 2018, voters approved spending $26.9 million for upgrades to safety, security and heating, ventilation and air conditioning (HVAC) systems in the six schools.
The fourth bond referendum in eight years, potentially totaling as much as $89.1 million, will be decided by Princeton voters in a special election Jan. 28.