>40th District Towns to Receive Increased School Aid
July 07, 2011 -Senator Kevin O’Toole is happy to announce that local school districts will receive increased school aid for the 2011-2012 school year.
Senator O’Toole worked closely with the Christie Administration in an effort to gain a fairer share of school aid dollars in the final state budget signed by the Governor.
“School children and property taxpayers are the primary beneficiaries of the Governor’s decision to dedicate additional state revenue to school aid for suburban communities,” said Senator O’Toole “I’m pleased that Governor Christie worked with us over the past several months to dedicate additional state revenues to school aid for suburban communities. By making tough choices and using an unexpected bump in state revenues wisely, we were able not only to increase aid over last year, but to double the rate of increase that was originally proposed in March.”
School aid for communities in the 40th District will be allocated as follows:
District State Aid FY ’11 State Aid FY ’12 $ Increase % Increase
Ridgewood Village $0 $1,698,850 $1,698,850 –
