June 26,2016
Assemblywomen Holly Schepisi
Residents of Ridgewood , for the past 4 years I’ve proposed an amendment to our State’s constitution to end the patently unfair school funding formula. Under a new school funding plan which follows my proposal, the average home in Ramsey would see a reduction in property taxes of $2,411 per year. Call your Mayor, Council and Board of Education. Tell them to support the Fairness Formula! We can’t afford not to.
Join The Movement
The Fairness Formula: Equal Funding for Every Child, Our Path to Lower Property Taxes
Join Governor Christie’s Fairness Formula solution to New Jersey’s two most pressing crises that are hurting all New Jerseyans: the failure of urban education and property taxes. The Governor’s monumental Fairness Formula will provide equal education funding for every pupil throughout the state, valuing every child equally.
75% of all New Jersey districts would get more state aid than they do today. The biggest driver of New Jersey’s nation-high property taxes is the ineffective and unfair state school funding formula. The Fairness Formula will not only be equal for students it may also provide hundreds or even thousands of dollars in annual property tax savings for New Jerseyans in most communities. Join the movement today to being your path to lower property taxes.
JOIN THE MOVEMENT: It’s time for your voices to be heard. It’s time for the people to take back control of this issue and apply common sense to it. Sign up to join the movement and begin your path to lower property taxes.
For every resident of Bergen County, this is the MOST IMPORTANT issue that directly impacts your property taxes. Bergen County residents on average contribute the MOST money to the State of New Jersey and receive the least school aid in the State. Under the Governor’s proposal, the average school district in Bergen County would see an increase in school aid from the State of over 1000%. Every representative from Bergen County who cares about his or her residents needs to support this proposal. Real numbers of increased aid would be:
Municipality Current Aid New Aid under proposal:
Ridgewood $389.40 $6,110.60 1569%
Closter $400.24 $6,099.76
Demarest $429.61 $6,070.39
Dumont $3,427.95 $6,001.53
Emerson $432.69 $6,067.31
Hillsdale $711.89 $5,788.11
Mahwah $787.46 $5,712.54
Montvale $513.78 $5,986.22
Oakland $463.90 $6,036.10
Park Ridge $488.73 $6,011.27
Ramsey $468.22 $6,031.78
River Vale $405.18 $6,094.82
Westwood $635.27 $5,864.73
Woodcliff Lake $477.13 $6,022.87
https://www.nj.com/…/how_christies_school_aid_proposal_could…
Sounds too good to be true.
What is the down side of this proposal? Is it pulling the rug out from under low income schools? I do not want to hurt struggling districts but I do think that they need to have more financial controls. Their record of improving educational outcomes is dismal.
In the low income schools, “Abbott districts ” the money is flushed down the toilet.
The only requirement for advancement and graduation is attendance.
It’s joke that wasted billions of dollars.
Hello REA – Get behind this effort and you can have your raises + your cadillac health plans!
Hers Christie’s speech on the Fairness Formula. We should all get behind this… https://politickernj.com/2016/06/governor-chris-christies-speech-on-the-fairness-formula-as-prepared-for-delivery/
Over allocating to lower income school districts unfortunately has had zero positive impact on education or the eradication of poverty. Throwing money at this problem has never worked – just ask Mark Zuckerberg how his $100 million donation to the Newark school system worked out. Time to reallocate school fund to the benefit of all school aged children regardless of their economic circumstance.