Board of Education of the Great Meadows Regional School District

• Issue Currency: United States of America Dollars
• Announcement Date: 21-Jun-2018
• News: Great Meadows Regional School District Warren 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 21, 2018 Filed By: This Notice has been associated with all CUSIPs believed to be affected by this Material Event. ISSUER UNDERLYING RATING IS NOT AFFECTED BY THIS CHANGE

• Issue Currency: *****
• Announcement Date: 25-Jul-2018
• News: NOTICE IS HEREBY GIVEN to the bondholders of the Board of Education of the Great Meadows Regional School District, in the County of Warren, 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, 2016; and (ii) operating data as required for year-end June 30, 2016. The Issuer has since filed these documents.