Board of Education of the Township of Springfield/The

• Issue Currency: United States of America Dollars
• Announcement Date: 21-Jun-2018
• News: Springfield Township School District Union 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: 09-Aug-2018
• News: NOTICE IS HEREBY GIVEN to the bondholders of the Board of Education of the Township of Springfield, in the County of Union, New Jersey (the Issuer) that the Issuer failed in a timely manner to provide: (i) annual financial information and operating data as required the for the year-end June 30, 2012; and (ii) its most current adopted budget for the year-end June 30, 2013 and 2014. The Issuer has since filed these documents.