NJ Spotlight published the following article on February 28, 2014. To read the full article, click here.
SCHOOL DISTRICTS LEARN SPECIFIC AMOUNTS OF STATE-AID INCREASES
JOHN MOONEY | FEBRUARY 28, 2014
Two days after Gov. Chris Christie unveiled his austere state budget for fiscal 2015, school districts yesterday got their first look at how more than $9 billion in state aid will be distributed next year.
The numbers vary widely, from nearly $1 million in additional aid going to some of the larger districts to a just a few thousand dollars more allotted for smaller districts.
By and large, it wasn’t much more money for anyone, and basically came down to one number: an average increase in state aid amounting to about $20 more per student.
That was the bottom line in the aid numbers released yesterday – Gov. Chris Christie is increasing state aid next year by less than half of a percent, or about $38 million overall for the entire state. And the bulk of it will be the specific $20 increase per student on top of last year’s totals.