Renovated Woodbridge Elementary Schools Reopen To Students - Woodbridge, NJ - Major upgrades to Matthew Jago School #28 in Sewaren and Lafayette Estates School #25 in Fords are now complete:
PILOTS from development continues to allow Woodbridge to invest in school and municipal infrastructure
WOODBRIDGE – Payments in lieu of taxes (PILOTS) from development allows the township to keep investing in school and municipal infrastructure with a continued focus on economic development.
“No municipality our size has had the success,” Mayor John McCormac said during his during his annual State of the Township address in January.
In 2020, a 1 million-square-foot warehouse project run by Morris Companies on Rahway Avenue funded the $87 million school bond referendum through profit of sale of the land and $2 million in annual PILOT funds. Voters approved the referendum on March 10.