Working closely with our local community in education, we have the responsibility to manage public funds effectively and oversee the district's finances wisely. The choice to go for a bond vote comes after careful thought and is a key part of how the Board of Education handles finances and plans for the district's future.
A bond vote is when the community formally decides whether to borrow money through selling bonds. This voting process gives power to the community and, if approved, would give the district a specific kind of state aid a type that eases the financial load on local taxpayers. A voter-approved bond referendum is the only way to secure this type of state aid toward building projects. Money from taxpayers across the state goes into this fund, but only districts with approved votes benefit from it.
The Board of Education cares deeply about our students' well-being, safety, and keeping up with modern educational needs. By issuing bonds to get quick funding and using state aid, Hopatcong can make improvements beyond what the yearly budget or local taxes alone can cover.
We understand our shared role with parents in shaping the next generation and are committed to working with the community to provide better value and build pride to all those who call Hopatcong home.