BONDS AND NOTES FOR SCHOOL PURPOSES

School District Other Than Regional School District

Issued by (Municipality Type I {Municipality (Type II))Strike out one
1. Term Bonds(50111-00)
2. Serial Bonds
(a) Issued(50112-00)$107,640,000.00
(b) Authorized but not issued(50113-00)
3. TEMPORARY BONDS AND NOTES
(a) Issued(50114-00)
(b) Authorized but not issued(50115-00)
4. TOTAL OF ABOVE BONDS AND NOTES$107,640,000.00
REGIONAL SCHOOL DISTRICT:(50116-00)
5. Serial Bonds
(a) Issued(50117-00)$0.00
(b) Authorized but not issued(50118-00)$0.00
6. TEMPORARY BONDS AND NOTES
(a) Issued(50119-00)$0.00
(b) Authorized but not issued(50120-00)
... SCHOOL BONDS AND NOTES$0.00
(50121-00)
  • 7. TOTAL OF REGIONAL SCHOOL BONDS AND NOTES

N.J.S.A. 40A:2-43 reads in part as follows: "Gross debt of a municipality shall also include that amount of the total of all the bonds and notes issued and authorized but not issued by any school district including the area of the municipality, which results from the application to such a total of the ratio which the equalized valuation basis of the municipality bears to the sum of the equalized valuation basis of each municipality in any such school district."

COMPUTATION OF REGIONAL AND/ OR CONSOLIDATED SCHOOL DISTRICT DEBT

% OF VALUATIONS APPORTIONED TO EACH MUNICIPALITY APPORTIONMENT OF DEBT-DECEMBER 31, 2009
MunicipalityAverage Equalized Valuations%Serial Bonds IssuedTemp. Bonds-Notes IssuedAuthorized But Not Issued
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00
0.000.00

Page Total

$107,640,000.00 (50122.00)

Page 2