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Education Aid New Jersey Budget

Wednesday, February 22, 2012

Christie's Budget Includes $213 Million Bump in School Aid

With one of every three dollars of the governor's budget earmarked for education, schools wait to see how much they will actually receive

To big applause, Gov. Chris Christie yesterday highlighted that his proposed fiscal 2013 budget would include an additional $213 million in aid to public schools, but the cheers may not be widespread when the details reveal how the money is distributed. Districts are to learn today how each will fare under Christie's $32.1 billion spending plan, and although the overall amount in state school aid is going up about 1.7 percent, state officials said it will not be across-the-board increases to all 500-plus districts. State Treasurer Andrew Sidamon-Eristoff said a "vast majority of districts will be getting a slight increase." But the administration also for the first time will be using the state's funding formula in the distribution of aid, …

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