![Mahwah Township Public Schools]([{"url":"https://resources.finalsite.net/images/f_auto,q_auto,t_image_size_1/v1686654588/mahwahk12njus/l60grlzpl7j0x5vzn22c/logorTransparent.png","width":256},{"url":"https://resources.finalsite.net/images/f_auto,q_auto,t_image_size_2/v1686654588/mahwahk12njus/l60grlzpl7j0x5vzn22c/logorTransparent.png","width":512},{"url":"https://resources.finalsite.net/images/f_auto,q_auto/v1686654588/mahwahk12njus/l60grlzpl7j0x5vzn22c/logorTransparent.png","width":714}])
Sale of Bonds
$75.81 million to fund the improvements approved under Question 1
Mahwah Township Public Schools successfully completed the competitive sale of $75.81 million in School Bonds, Series 2026 on June 23, 2026. The bonds were issued with a 20-year repayment term at a 3.788% net interest rate.
The District anticipates receiving approximately 33.08% in state debt-service aid on eligible referendum projects, helping to reduce the portion of the cost supported by Mahwah taxpayers.
Estimated Tax Impact
Based on the final bond sale results:
- $63.90 per year for every $100,000 of assessed home value
- $307.49 per year for a home assessed at Mahwah's average of $481,238
- Approximately $25.62 per month for the average assessed home
Actual tax impact will vary based on a property's assessed value.