
Voters in the Nov. 2 General Election gave Lenape Regional High School District approval to move forward with a bond-borrowing plan to update and enhance all four district high schools: Lenape, Shawnee, Cherokee and Seneca. The projects included in LRHSD’s bond proposal are estimated to cost $66,628,944. Now that the majority of voters said ‘yes’ to the district’s plans, LRHSD can access $24,431,777 in a special type of state aid, which would reduce the local share to $42,197,167. This state aid is only available to a district that funds capital projects through a voter-approved bond referendum.
The addition of state aid, combined with the pay-off of existing debt from a previous referendum, will enable LRHSD to move forward with the projects with zero change in the tax rates across all eight LRHSD communities: Evesham, Medford, Medford Lakes, Mt. Laurel, Shamong, Southampton, Tabernacle and Woodland.
The LRHSD community can visit www.lrhsd.org/ShapingSuccess, to view updated timelines and progress of the projects included in the 2021 bond referendum. Follow @ShapingLRHSD on Facebook, Twitter and Instagram for reminders and more information.