News in Brief: A State Capitals Roundup
Budget Would Hold Line on N.J. School Spending
New Jersey Gov. Jon S. Corzine has proposed a fiscal 2007 state budget that calls for nearly level funding of direct aid to school districts.
The $30.9 billion budget proposal for fiscal 2007, unveiled March 21, is the new Democratic governor’s attempt to manage a projected $4.8 billion shortfall, one of the worst in recent years.
The total proposed budget for fiscal 2007 is 9.2 percent larger than the current year’s. But it includes $3 billion in reductions and restrained growth, as well as new fees and taxes.
The deep deficit forced “anguishing” choices, including holding funding almost steady for the K-12 school aid formula, the governor said in documents detailing his plan.
The $10.4 billion proposed for precollegiate education for fiscal 2007 would provide a 10.6 percent increase over the current year’s $9.4 billion. But most of the increase is earmarked for contributions to teacher pension funds.
Direct aid to districts would rise from this year’s $7.48 billion to $7.58 billion in fiscal 2007.
Vol. 25, Issue 29, Page 31
- Administrative Assistant
- AERO HYDROLIC INC, Chicago Heights, IL
- Superintendent - Talladega, AL
- Alabama Association of School Boards, Talladega, AL
- Amityville Union Free School District, Amityville, NY
- Superintendent of Schools
- Regional School Unit 21, Kennebunk, ME
- Director of Physical Education & Athletics
- Fallsburg Central School, Fallsburg, NY