Local School District Type (select one): Type II
1 Term Bonds [F25]
2 Serial Bonds
4 Total Bonds and Notes
$ 82,065,973.00
DEDUCTIONS APPLICABLE TO BONDS AND NOTES - FOR SCHOOL PURPOSES Amounts held or to be held for the sole purpose of paying bonds and notes included above.
Sinking funds on hand for bonds shown as Line 1 but not in excess of such bonds.
5
funds on hand in those cases where such funds cannot be diverted to purposes other than the payment of bonds and notes included in Line 4. $
Estimated proceeds of bonds and notes authorized but not issued where such proceeds will be used for the sole purpose of paying bonds and notes included in Line 4.
8 % of average of equalized valuations $ 6,567,000,117.00 4.00% $ 262,680,004.68 Use applicable per centum as follows: 2.50% Kindergarten or Grade 1 through Grade 6 3.00% Kindergarten or Grade 1 through Grade 8 3.50% Kindergarten or Grade 1 through Grade 9 4.00% Kindergarten or Grade 1 through Grade 12
9 Additional State School Building Aid Bonds (NJSA 18A:58-33.4(d)) $___ 10 Total Potential Deduction 10 Total Potential Deduction
$ 262,680,004.68
$ 82,065,973.00
10 Total Potential Deduction