REPORT: LOWER CAPE MAY REGIONAL CANNOT ABSORB NEW DEBT

A controversial school funding dispute between Lower Township and Cape May has resulted in the Lower Cape May Regional School District not allowed to absorb new debt.  The Press of Atlantic City reports this morning that new borrowing has to cease until a potential resolution of a school district battle is resolved.  Superintendent Chris Kobik says similar school funding battles have lasted in the courts for years; if that happens in this case, it could result in much larger repair bills for the Lower Cape May Regional School District.