Board of Education of the Borough of Merchantville in the County of Camden, New Jersey

• Issue Currency: United States of America Dollars
• Announcement Date: 18-Jun-2018
• News: Merchantville Borough School District Camden County June 07, 2018 Relates To: Issuer Insurer Other Credit Enhancement Program Name of Insurer or Program: NJ School Bond Reserve Program Standard & Poors Moody`s Investor Service Fitch Investors Service Kroll Bond Agency Rating Agency: From: A- To: BBB+ Phoenix Advisors, LLC 4 W. Park Street Bordentown, NJ 08505 Phone: 609.291.0130 E-Mail: compliance@muniadvisors.com Filing Date: June 18, 2018 Filed By: This Notice has been associated with all CUSIPs believed to be affected by this Material Event

• Issue Currency: *****
• Announcement Date: 26-Jul-2018
• News: NOTICE IS HEREBY GIVEN to the bondholders of the Board of Education of the Borough of Merchantville, in the County of Camden, New Jersey (the Issuer) that the Issuer failed in a timely manner to provide: (i) annual audited financial information as required for year-end June 30, 2012 and 2013; (ii) operating data as required for year-end June 30, 2012 and 2013; and (iii) its most current adopted budget as required for year-end June 30, 2013 and 2014. The Issuer has since filed these documents.