The increase would raise our portion of state aid from $4.07 million to $4.2 million, which is still well below that of most districts in the state who average much more.
As reported, the Christie proposal adds $37 million more to statewide school aid, bringing the total from Trenton to all districts to $9 billion.
1 comment:
Joe,
Thanks for writing this up . . . Just a few details . .
K-12 education operating aid is $7.96 billion. The $9 billion figure includes preschool aid and aid for capital projects.
With the exception of Choice districts, districts got $20 per student, which is a 0.5% increase. The SOMSD's increase is 3.4% which sounds like a lot, but it only works out to the higher percentage because our aid is so low in the first place that $20 per student works out to a large number.
Also, the $20 increase was across the board and was intended to give every district an increase. This sounds good at first, but over 200 districts in NJ already get more than 100% of the money that SFRA says they should get. It would have been fairer if the additional money were concentrated in low-aid and/or low-resource districts.
We get less than 60% of what SFRA indicates we should get.
The extra $140,000 is a plus for us, but our deficit is still more than $2.5 million even with a 2% tax increase.
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