đź’° Three NJ school districts want voters to approve more than $300 million in new borrowing.
🏠Homeowners could see property taxes rise by hundreds of dollars a year if the referendums pass.
🗳️ Voters will decide the questions on Sept. 15.
Three New Jersey school districts are asking voters to approve more than $300 million in borrowing, which would mean another property tax increase for homeowners.
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All three referendums are scheduled for Tuesday, Sept. 15, 2026. One is receiving millions more in state aid, another avoided a tax increase this year, and a third is losing state funding.
If voters approve the referendums, homeowners in each community would see their property tax bills rise again. The size of the increase depends on where they live and which projects voters approve.
It comes as New Jersey homeowners continue to shoulder some of the nation’s highest property taxes.
Cinnaminson homeowners could pay up to $46 more each month
In the latest budget, school taxes rose another 4% for Cinnaminson residents who already pay 67% of their $8,676 property tax bill to schools…