Education Funding

Debate Continues on Funding Formula

By Catherine Gewertz — December 19, 2006 2 min read
  • Save to favorites
  • Print

The following offers highlights of the recent legislative sessions. Precollegiate enrollment figures are based on fall 2005 data reported by state officials for public elementary and secondary schools. The figures for precollegiate education spending do not include federal flow-through funds unless noted.

New Jersey

It was a special session of the New Jersey legislature that produced the most significant education-related developments of the year. By year’s end, most of those ideas remained at the proposal stage, and were only beginning to be drafted into legislation.

Gov. Jon S. Corzone

Democrat

Senate:
22 Democrats
18 Republicans


House:
49 Democrats
31 Republicans

Enrollment:
1.4 million

When it ended in November, the three-month-long session unveiled 98 recommendations designed to reduce the highest property taxes in the country.

The ones that pertain to school funding, which depends heavily on those taxes, centered on trying to forge a unified way of paying for schools in the Garden State. Lawmakers on the public school funding reform committee proposed a formula that would establish a base amount for each student and adjust for needs such as poverty. That approach would eliminate the designation that has funneled extra money to the poorest urban districts under the finance lawsuit known as Abbott v. Burke. (“N.J. Panel Eyes Changes in School Funding,” Nov. 29, 2006.)

Many of the recommendations—such as the need to ascertain how much spending is necessary to provide a sufficient education in New Jersey, and the need to control spiraling pension costs—were expected to produce rounds of complex calculations and heated debate when the legislative session resumes next month.

The $30.8 billion fiscal 2007 budget signed by Gov. Jon S. Corzine, a Democrat, included millions of dollars worth of reductions, new fees, and taxes to manage a large shortfall. But the cuts were not made in education.

The $10.4 billion allotted for precollegiate education for 2007 was a significant increase above fiscal 2006’s $9.4 billion, but most of that increase went to boost pension-fund contributions, according to state budget officials. That left school districts essentially with flat funding this fiscal year, as they have been in each of the past few years.

The legislature passed, and the governor signed, a measure designed to prevent financial problems in school districts. It outlines key signs that would indicate early fiscal difficulty and empowers the state commissioner of education to appoint a monitor to oversee districts showing two or more of those signs.

A version of this article appeared in the December 20, 2006 edition of Education Week

Events

School Climate & Safety K-12 Essentials Forum Strengthen Students’ Connections to School
Join this free event to learn how schools are creating the space for students to form strong bonds with each other and trusted adults.
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
Student Well-Being Webinar
Reframing Behavior: Neuroscience-Based Practices for Positive Support
Reframing Behavior helps teachers see the “why” of behavior through a neuroscience lens and provides practices that fit into a school day.
Content provided by Crisis Prevention Institute
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
Mathematics Webinar
Math for All: Strategies for Inclusive Instruction and Student Success
Looking for ways to make math matter for all your students? Gain strategies that help them make the connection as well as the grade.
Content provided by NMSI

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 Explainer How Can Districts Get More Time to Spend ESSER Dollars? An Explainer
Districts can get up to 14 additional months to spend ESSER dollars on contracts—if their state and the federal government both approve.
4 min read
Illustration of woman turning back hands on clock.
Education Week + iStock / Getty Images Plus Week
Education Funding Education Dept. Sees Small Cut in Funding Package That Averted Government Shutdown
The Education Department will see a reduction even as the funding package provides for small increases to key K-12 programs.
3 min read
President Joe Biden delivers a speech about healthcare at an event in Raleigh, N.C., on March 26, 2024.
President Joe Biden delivers a speech about health care at an event in Raleigh, N.C., on March 26. Biden signed a funding package into law over the weekend that keeps the federal government open through September but includes a slight decrease in the Education Department's budget.
Matt Kelley/AP
Education Funding Biden's Budget Proposes Smaller Bump to Education Spending
The president requested increases to Title I and IDEA, and funding to expand preschool access in his 2025 budget proposal.
7 min read
President Joe Biden delivers remarks on lowering prices for American families during an event at the YMCA Allard Center on March 11, 2024, in Goffstown, N.H.
President Joe Biden delivers remarks on lowering prices for American families during an event at the YMCA Allard Center on March 11, 2024, in Goffstown, N.H. Biden's administration released its 2025 budget proposal, which includes a modest spending increase for the Education Department.
Evan Vucci/AP
Education Funding States Are Pulling Back on K-12 Spending. How Hard Will Schools Get Hit?
Some states are trimming education investments as financial forecasts suggest boom times may be over.
6 min read
Collage illustration of California state house and U.S. currency background.
F. Sheehan for Education Week / Getty