School Bond Referendum Rejected In North Caldwell: Election Results

NORTH CALDWELL, NJ -- North Caldwell voted against raising taxes to pay for a series of school upgrades in Tuesday's election, according to unofficial results from the county clerk's office.

Voters headed to the polls to cast ballots for a $51 million bond referendum that would pay for repairs and expansion in the North Caldwell Public School District.

With 100 percent of the votes counted, North Caldwell has rejected the proposal, uncertified results from the county clerk's office show. The vote tally was:

• NO - 968 (56.97%)
• YES - 731 (43.03%)

A “yes” to the referendum would have paid for 20 new classrooms, security upgrades, and a host of other repairs to aging boilers, HVAC systems and roofs throughout the district. Proposed upgrades also included replacing the patchwork of window air conditioners in classrooms and minimal-output units in a few large spaces.

The property tax impact was based on the average assessed home value in North Caldwell ($790,000), and was estimated to average $895 per year for the 30-year life of the bond.

• See Related: North Caldwell Will Vote On School Bond Referendum: What To Know

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