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Independent School District • NJ
Newark Public Schools
Public Bond Indebtedness, Interest Obligations & Debt Service Tax Pressure
98% Conf.
Tax Drift Index
77/ 100
High Drift Risk
Newark Public Schools Bond Carrying Cost Briefing
MSRB EMMA Official Bond Filings & State Education AgencyAugust 2026
Newark Public Schools in Essex County, NJ carries 920M in outstanding voter-approved capital bond indebtedness ($24,000/student), requiring an adopted millage rate of 1.150% to service ongoing facility and operational obligations.
M&O Rate: 1.0%I&S Debt Rate: 0.2%Combined Rate: 1.1%
Total Outstanding Bond Debt
$920.0M
Voter-Approved Capital Bonds
Debt Burden Per Student
$24,000
Among Top 5% Nationally
Student Enrollment
38,333
Active K-12 Student Population
Annual Debt Interest Service
$44.2M
Annual Interest & Sinking Outflow