Holland School Bond Referendum

Holland Township School District was built on the mission of creating greater opportunities for all students. Now the district is holding a bond referendum to fund critical building repairs to improve learning environments.

If voters approve the referendum, residents could expect to see an estimated increase of approximately $29 per month in school debt tax for a home assessed at the average ($284,239)

A home's assessed value is different than its market value. The assessed value is used to determine tax bills and is typically lower than market value, which is a home's potential sale price. Don't guess your tax impact using market value.

To find your home's assessed value, enter your address at the : County of Hunterdon Tax Board

• Rate of interest per annum 4.0%

• 20 year maturity schedule

• 34% debt service aid

• No increase in ratables assumed, ratables as of January 2026

Certain types of school improvement projects are eligible for state aid. If voters approve the bond referendum, the state will pay $5.4 million toward the total project cost. Every taxpayer across New Jersey pays toward public school improvements. This money can only be brought back to invest in Holland School through approval of a bond referendum.

Careful planning has always played an important role in decisions for Holland Township School District. The bond referendum is no different- it focuses on the highest priority facility repairs with the assistance of state aid. Bond borrowing provides upfront funding to address needs quickly and secure state aid to offset the project costs.