>March 04, 2011
Governor Christie’s Budget Adds $4.7 Million for Local Schools
Kevin O’Toole
Dear Friend:
I am pleased to announce that the proposed state budget for the next fiscal year projects that the towns in District 40 will receive at least an additional $4,703,383 in education aid, almost doubling the total for the thirteen towns in Legislative District 40 and netting $10,693,293.
This additional aid will be applied as badly needed additional property tax relief.
The supplementary aid for our schools is included in a budget that spends less for the second year in a row and cuts business taxes to create jobs and help spur economic recovery. The Governor’s plan is more equitable because it provides increased school aid for every single school district in the state, rural, suburban and urban, not just the select few urban districts.
The tough choices made last year by Governor Christie and the Legislature to bring about fiscal discipline has created the opportunity for the increase in school aid this year. In my role as a member of the Senate Budget and Appropriations Committee I will search for any further amounts that can enhance education aid for our schools.
The additional school aid plan would provide local schools with the following additional amounts:
School District School Aid Increase ($)
CEDAR GROVE TWP $244,259
FRANKLIN LAKES BORO $251,625
LITTLE FALLS TWP $123,778
MAHWAH TWP $554,386
MIDLAND PARK BORO $191,303
OAKLAND BORO $251,532
RIDGEWOOD VILLAGE $849,425
RINGWOOD BORO $201,584
VERONA BORO $275,172
WANAQUE BORO $145,530
WAYNE TWP $1,290,732
WYCKOFF TWP $324,057
