New Jersey Department of Education

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BACKGROUND

On Wednesday, December 12, Governor Jon S. Corzine and Education Commissioner Lucille E. Davy announced a new school funding formula: "A Formula for Success: All Children, All Communities."

Approximately $7.8 billion will be distributed to K-12 education for the 2009 fiscal year, an increase of $532.8 million.  All school districts will receive a state aid increase of at least 2 percent during the first year, and no school districts will see a decrease in state aid during the first three years of the program.

Governor Corzine and Commissioner Davy are presenting this formula to the Legislature in its current session and hope to have it implemented by Jan. 8. 

• Commissioner's Memo (3/11/09)
  
  
• Projected 2009-2010 State School Aid Profiles:
  • School District
  • Legislative District
• 2009-10 K-12 State Aid Summaries
  
  
• 2009-10 Preschool Education Aid
  
  
• 2009-10 Projected Charter School Aid
  
  
• 2008-09 State Aid Summaries pursuant to SFRA (revised to include adult ed, choice aid and other SFRA updates)

• 2008-09 State Aid Profiles (revised to include adult ed, choice aid and other SFRA updates)

• 2008-09 State Aid Profiles by Legislative District (revised to include adult ed, choice aid and other SFRA updates)

• 2008-09 State Aid Profiles by County Vocational School (revised to include adult ed, choice aid and other SFRA updates)

• December 12, 2007 State Aid Profiles
  
  
• December 12, 2007 State Aid Profiles by Legislative District
  
  
• December 12, 2007 State Aid Profiles by County Vocational School
  
  
• K-12 State Aid Summary, Budget Amounts and Demographic Data
• K-12 State Aid Summary, Budget Amounts, Demographic Data, and Local Fair Share Amounts
  
  
• K-12 State School Aid Detail
  
  
• K-12 State Aid Summary, Budget Amounts and Demographic Data by Legislative District
• K-12 State Aid Summary, Budget Amounts, Demographic Data, and Local Fair Share Amounts by Legislative District
  
  
• K-12 State Aid Detail by Legislative District
  
  
• Explanatory Notes for Aid Allocations
  
  
• Fact Sheet
  
  
• PowerPoint Presentation to Assembly Education Committee (12/27/07) (View | Download | PDF)
  
  
• PowerPoint Presentation to Senate Education Committee (12/13/07) (View | Download | PDF)
  
  
• Report on the Cost of Education
  
  

• Updated Appendix on Report on the Cost of Education
  
  
• Review Of The Report On The Cost Of Education In New Jersey
  
  
• The PJP Approach
  
  
• Joint Legislative Committee on Public School Funding Reform
  • Final Report 
  • Executive Summary
    (Issued 11/15/06, Revised 12/1/06)