School Funding

The State of New Jersey has underfunded the state’s public schools by more than $6 billion since 2010, relative to obligations mandated by the New Jersey school funding formula.

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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