July 14,2018
the staff of the Ridgewood blog
Trenton NJ, Taking significant steps to begin the process of fully and fairly funding New Jersey school districts, the Murphy Administration today released new school funding distribution totals based on increased appropriations and modernizations made to the school funding formula. In total, almost $8.5 billion will be disbursed to the state’s 577 school districts, including an additional $68 million to bring aid in balance for underfunded districts.
“A stronger, fairer New Jersey means making sure that New Jersey’s schools are receiving the funds they need to advance academic excellence for our students,” said Governor Phil Murphy. “After years of neglect, we are turning the page to bring a balanced approach to school aid by removing the growth cap on funding increases and finally beginning the process of fully implementing the state’s school funding formula established in 2008. ”
Nearly every district in the state will receive at least 58 percent of the full uncapped aid as calculated according to the School Funding Reform Act (SFRA). Compared to FY 2018, an additional $351 million in K-12 school aid will be allocated to 391 districts. Another $32 million will be redistributed from 172 districts receiving more than their uncapped aid amounts to those districts that are underfunded.
“By providing additional resources to districts that have been significantly underfunded, this budget starts a path toward the Governor’s goal of a stronger and fairer school funding structure,” said Education Commissioner Lamont O. Repollet.
The District and school funding totals can be found on the NJDOE’s State Aid Summaries webpage.https://nj.gov/education/stateaid/1819/
The Governor’s FY 2019 budget also includes the largest increase in preschool funding in more than a decade, totaling $688 million, $32.6 million over FY 2018 to support existing preschool programs. In addition, Governor Murphy’s commitment to expanding access to preschool includes a total of $50 million to fund high quality new preschool seats in districts ready to grow their programs.
Other education initiatives in the FY 2019 budget include:
$195 million in extraordinary special education aid that is provided through an application process to reimburse districts for eligible high-cost special education services;
$5.4 million for the nonpublic technology initiative, an increase of $2.4 million;
$2 million in funding for a new Secondary School Computer Science Education Initiative, which will be used to support approved applications for the expansion and support of advanced computer science course offerings;
$400,000 for STEM Dual Enrollment and Early College High Schools; and
$750,000 for a new High Poverty School District Minority Teacher Recruitment Program.
Dist District 2017-18 Total K-12 Aid : Ridgewood Village 2,453,765
2018-19 Governor’s Budget Message (GBM) Total K-12 Aid 2,586,693
2018-19 Approp. Act Revised Total K-12 Aid 3,477,429
Transportation Aid 620,535
Special Education Categorical Aid 2,409,152
Security Aid 447,742
2018-19 Approp. Act Revised Total K12 Aid2 3,477,429
One Year K-12 Aid Difference 1,023,664
Aid Percent Difference 41.72%
Will be spent faster than sh!t through a goose.
Should go 100% towards tax reduction.
Can they lower our taxes now?
Did this say that the existing 2 percent year-over-year budget cap is being lifted/eliminated?
Is this money tied to introducing more socialist indoctrination programs or alternative lifestyle propoganda?