What does the Netflix PILOT really mean for Eatontown? This episode breaks down the billion-dollar project’s financial structure, the $47 million in bond proceeds, how “Excess Municipal” funds work, and what it all means for taxpayers, schools, and future development. You’ll hear the facts from the full council session—translated into plain English—with context, commentary, and community voices. In this episode: What a PILOT is and how New Jersey law splits the money (95% Municipal / 5% County) Why schools aren’t written into the deal—but can still benefit annually How the $47 million bond program actually works (and why it’s not a cash handout) What “Excess Municipal” revenue means for Eatontown’s budget How valuation uncertainty, tax appeals, and bond structuring protect taxpayers Resident comments on arts, athletics, accessibility, and youth programs What happens at Year 30 when the PILOT expires Hosted by: Ali Mehdaoui Show: Eatontown Voices Produced by: The ME Studios, Eatontown NJ 🎥 Visit TheMEstudios.net for production, podcast, and press services. #EatontownVoices #NetflixPilot #Eatontown #NewJersey #Redevelopment #PublicFinance #LocalNews #CommunityImpact #TheMEStudios #AliMehdaoui