Republicans in N.J. Assembly Unveil Funding Plan

By Karen Diegmueller

The shifting financial fortunes of New Jersey school districts have taken yet another turn with the release by the General Assembly's Republican majority of a funding package that would provide less state aid than what Gov. James J. Florio has proposed.

Although the $3.55-billion package would allocate more money for schools than did an earlier budget released by the Florio administration late last year, the Republican plan is $127 million short of the revised figures that Mr. Florio released in January. (See Education Week, Feb. 12, 1992.)

Compared with Mr. Florio's more recent proposal, the G.O.P. plan also would shift aid from the state's poor, urban...