logo
Jersey Shore School Threatens Bankruptcy Over Property Tax Spat

Jersey Shore School Threatens Bankruptcy Over Property Tax Spat

Bloomberg19 hours ago
A New Jersey school district is threatening to file bankruptcy after years of state funding cuts, escalating a showdown with Governor Phil Murphy's administration.
The Toms River Regional School District — located on the Jersey Shore — opted not to pass a budget that would raise taxes at its June 30 board meeting. Instead, school board president Ashley Lamb has authorized district staff to consult with bankruptcy attorneys and begin the process for filing for Chapter 9 protection, she said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Debt Investor Marblegate Sees Pain Rising for Private Borrowers
Debt Investor Marblegate Sees Pain Rising for Private Borrowers

Bloomberg

time2 hours ago

  • Bloomberg

Debt Investor Marblegate Sees Pain Rising for Private Borrowers

Private US companies are running out of room to manage their growing debt loads, potentially posing trouble for their direct lenders, according to one distressed-debt firm that is ready to come to the rescue. Bankruptcies by mid-sized private US companies hit their highest level since 2010 last year as high interest rates and costs squeezed profits, and so far 2025 looks poised for another record, according to a report from Marblegate Asset Management and RapidRatings.

Congratulations to First Quarter 2025 Regions Riding Forward Scholarship Contest Winners
Congratulations to First Quarter 2025 Regions Riding Forward Scholarship Contest Winners

Associated Press

time2 hours ago

  • Associated Press

Congratulations to First Quarter 2025 Regions Riding Forward Scholarship Contest Winners

By Mel Campbell If the winners of the most recent Regions Riding Forward Scholarships are any indication, the young people of today definitely have something to say to the world, especially when it comes to recognizing those who have been the inspiration behind their achievements and dreams. Honoring these students and those who have helped move them to greater accomplishments is at the heart of the Regions Riding Forward® Scholarship Contest. The winners for the first quarter of 2025 are the first four winners of the Regions Riding Forward® Scholarship Contest for 2025. Regions will award four scholarship prizes for each quarter of 2025, and each winning student will receive a check in the amount of $8,000 made out to their designated accredited college. The Regions Riding Forward Scholarship Contest provides opportunities for students to help them further their education. The contest invites eligible high school and college students to submit a video essay or traditional written essay on someone they know in their community who has inspired them and helped them build the confidence to achieve their goals. Contest winners from the first quarter of 2025 and the individuals they highlighted in their award-winning submissions include (follow links to read/watch their submissions): Isabella CroweNeha VargheseNicholas RhodenStacy Xu To learn more about the Riding Forward Scholarship, visit See full contest rules for complete details, including eligibility and written essay and video essay requirements. See a list of previous winners and their winning submissions on Doing More Today. If you know of a young person – in college or headed that way – please share this information with them and with the guidance counselor at their school. The Regions Riding Forward Scholarship contest has awarded over $1.5 million in educational assistance to more than 400 students over the past 13 years. Visit 3BL Media to see more multimedia and stories from Regions Bank

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store