School Funding

New Jersey public schools have been underfunded by more than $5 billion since 2010, including a $1.2 billion underfunding in the Fiscal Year 2014 State Budget.

Below are two good explanations of how New Jersey’s funding formula works:

From the School Boards Association:
http://www.njsba.org/sb_notes/20080124/faq.html

and

From the New Jersey League of Municipalities:
http://www.njslom.org/magart_0308_pg4.html

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