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Project Costs - estimated at $6,489,700. That includes construction and renovation work, professional services, and contingency costs due to inflation.
Debt Service Aid - estimated at $2,206,498. All projects submitted are eligible for aid. This is an annual amount provided by the state to make payments.
Bond Referendum Projects
Bond Referendum Projects
Estimated Tax Impact
Estimated Tax Impact
The tax impact is estimated to be about $21 per year for a home assessed at Closter's average of $758,910.
Closter Public Schools will soon finish payments on the improvements that voters authorized in 2003. Renewing the current level of debt payments for 20 years would continue the cycle of repairing, replacing, and renovating that keeps Closter Schools maintained and tax rate steady.
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