Voters have approved an $18.6 million bond to help replace a school in Edison, New Jersey, that was destroyed by fire.
Officials estimate in will cost about $28 million to rebuild the James Monroe Elementary School.
The Home News Tribune reports the district has received about $9.5 million from its insurance company [the New Jersey Schools Insurance Group] for the March 2014 blaze that was believed to have started when a custodian discarded a cigarette in a trash can. The district is suing the insurer for more money.
The bond issue will cost the average taxpayer about $21 a year.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Home Insurance Tops Property Taxes in Squeeze for US Households 
EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix 
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes 
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event 
