Education Funding

Funding Formula, Increased K-12 Aid Top Actions in N.J.

By Catherine Gewertz — January 06, 2009 1 min read
  • Save to favorites
  • Print

Even in an austere budget year, the Garden State found the funds to give precollegiate education a boost, driven in part by Gov. Jon S. Corzine’s high-profile campaign to revamp the way the state hands out money to its schools.

The $32.9 billion New Jersey state budget for fiscal 2009, signed by the governor July 1, was a decrease from the previous year’s $33.5 billion. But the $7.8 billion it allots for pre-K-12 education is a 7 percent increase over fiscal 2008’s amount.

Gov. Jon S. Corzine
Democrat
Senate:
23 Democrats
17 Republicans
House:
48 Democrats
32 Republicans
Enrollment:
1.4 million

The school money will be distributed according to a new formula the legislature approved last January. The formula sets baseline per-pupil funding amounts at the elementary, middle, and high school levels, and adds weights —extra money—for each student who is from a low-income family or is learning English. It also provides extra money for districts with high concentrations of students from low-income families, and it adjusts for regional cost differences.

State officials contended that the new formula addressed student need fairly across the state, making court-mandated extra funding to New Jersey’s 31 poorest urban districts unnecessary. The state asked the New Jersey Supreme Court to end the extra urban funding. But the court instead ordered a trial on the question.

Part of the spending plan from Mr. Corzine, a Democrat, will support the start of a phased-in expansion to all low-income children of full-day preschool, taught by certified teachers.

The governor also in 2008 signed a law authorizing the state to borrow $3.9 billion for school construction and renovation. Another measure trimmed the benefits of public employees, such as teachers. Among other changes, it moved the retirement age to 62, from 60.

Related Tags:

A version of this article appeared in the January 07, 2009 edition of Education Week

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Reading & Literacy Webinar
Unlocking Success for Struggling Adolescent Readers
The Science of Reading transformed K-3 literacy. Now it's time to extend that focus to students in grades 6 through 12.
Content provided by STARI
Jobs Virtual Career Fair for Teachers and K-12 Staff
Find teaching jobs and K-12 education jubs at the EdWeek Top School Jobs virtual career fair.
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
College & Workforce Readiness Webinar
Portrait of a Learner: From Vision to Districtwide Practice
Learn how one district turned Portrait of a Learner into an aligned, systemwide practice that sticks.
Content provided by Otus

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Funding Trump Again Proposes Major Education Cuts in New Budget Proposal
The president again wants lawmakers to consider billions in K-12 spending cuts and program eliminations.
7 min read
The Senate and the Capitol Dome are illuminated in Washington, early Thursday, April 2, 2026, as Congress meets in a short, pro forma session.
The Senate and the Capitol dome are illuminated in Washington early in the day on Thursday, April 2, 2026. For the second year in a row, the White House budget proposes major cuts to federal education programs that the Republican-led Congress rejected last year.
J. Scott Applewhite/AP
Education Funding Arts Education Advocates Talk About How to Elevate Their Discipline
Art education community members come together to discuss funding challenges and opportunities.
3 min read
DSC 4497
WASHINGTON, DC - MARCH 24: National arts education leaders, advocates, and policymakers gather for a couple of hours at the University Club on March 24, 2026 in Washington.
Marvin Joseph for Education Week
Education Funding Common Questions About Education Funding
Education Week has answered some of the most common questions about education funding in the United States.
1 min read
MINNEAPOLIS, MN, January 22, 2026: Students at Washburn High School fill the stairwell during passing time in Minneapolis, MN.
MINNEAPOLIS, MN, January 22, 2026: Students at Washburn High School fill the stairwell during passing time in Minneapolis, MN.
Caroline Yang for Education Week
Education Funding Federal Funding Disruptions for Schools Are Far From Over
Signs are piling up that schools could experience more funding turbulence in the coming months.
12 min read
President Donald Trump speaks during a roundtable discussion on college sports in the East Room of the White House, Friday, March 6, 2026, in Washington.
President Donald Trump during a recent roundtable discussion in the East Room of the White House, on March 6, 2026, in Washington. Trump's administration is using new ways to incorporate its policy priorities into grantmaking that will affect schools and other recipients of other grants.
Julia Demaree Nikhinson/AP