NJ’s New School Funding Formula: Winners and Losers

New Jersey’s school funding formula has undergone a major revamp, with significant changes in state aid for different districts. While some districts will receive substantial funding increases, others will see reductions. The new formula considers factors such as district size, low-income and special education student populations, and enrollment trends. Wildwood City School District faces a significant funding decline, while Deal experiences a substantial increase. The formula’s complexity includes considerations for student demographics, local tax revenue, and enrollment shifts.

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