Newtown officials have released the 5th in a series of Questions and Answer notices about building a new Sandy Hook Elementary School.  This series of questions focused on the upcoming referendum to accept or reject $50 million in state funding for the project. 

A "yes" vote to accept the money will not affect local taxes.  The town is not being required to repay the state for the funding. 

A "no" vote would not change the location of a new school because the question is about accepting funding. 

If the referendum fails, all work would stop at the site and the state would not gift the money to Newtown.  Alternate funding sources would have to be found for a building to house 450 elementary school students.

More of the Q&A can be read here.