Will Governor Murphy’s New School Funding Law Hurt Schools but Lower Property taxes?
Governor Murphy on Tuesday signed into law a new school funding plan for the Garden State, but will some districts get pinched by the measure? Three of the larger Districts in our area here in Ocean & Monmouth Counties will see budget cuts .. Toms River, Brick and Freehold Regional.
"Administrators in Toms River Regional Schools, a district that serves more than 15,000 students and where the tax base was devastated by superstorm Sandy, will have to shed more than $988,000 in spending plans from the school budget."
HOW DO YOU FEEL ABOUT THE NEW SCHOOL FUNDING FORMULA?
In a recent a northjersey.com article, the State released figures for school funding showing any increase or decrease in funding ..... we have the Ocean and Monmouth County numbers below ....
District 2018 Aid 2019 Aid % Change
Barnegat | $20,154,629 | $20,440,810 | 1.4% |
Bay Head | $70,208 | $72,910 | 3.8% |
Beach Haven | $226,743 | $236,588 | 4.3% |
Berkeley | $2,424,703 | $2,560,810 | 5.6% |
Brick | $35,304,821 | $34,142,597 | -3.3% |
Central Regional | $4,117,752 | $4,256,787 | 3.4% |
Eagleswood | $652,202 | $679,821 | 4.2% |
Island Heights | $298,853 | $299,080 | 0.1% |
Jackson | $49,635,886 | $48,770,072 | -1.7% |
Lacey | $21,204,577 | $20,970,400 | -1.1% |
Lakehurst | $6,022,038 | $5,974,209 | -0.8% |
Lakewood | $24,793,040 | $23,465,461 | -5.4% |
Lavallette | $173,596 | $172,510 | -0.6% |
Little Egg Harbor | $9,496,540 | $9,395,550 | -1.1% |
Long Beach Island | $728,456 | $787,180 | 8.1% |
Manchester | $5,450,389 | $5,406,832 | -0.8% |
Ocean | $6,816,273 | $6,534,846 | -4.1% |
Ocean County Vocational | $5,585,095 | $5,585,095 | 0.0% |
Ocean Gate | $930,598 | $953,863 | 2.5% |
Pinelands Regional | $11,155,600 | $11,128,086 | -0.2% |
Plumsted | $11,569,334 | $11,386,005 | -1.6% |
Point Pleasant | $5,967,620 | $5,813,354 | -2.6% |
Point Pleasant Beach | $506,265 | $583,748 | 15.3% |
Seaside Heights | $1,030,432 | $1,049,577 | 1.9% |
Seaside Park | $154,075 | $151,067 | -2.0% |
Southern Regional | $2,071,194 | $2,325,842 | 12.3% |
Stafford | $9,482,878 | $9,434,616 | -0.5% |
Toms River Regional | $66,975,394 | $65,984,284 | -1.5% |
Tuckerton | $2,278,716 | $2,250,416 | -1.2% |
CLICK HERE for the complete State Schools Spending Plan for 2019
We also have the numbers for Monmouth County .....
Monmouth County
Allenhurst | $46,964 | $45,359 | -3.4% |
Asbury Park | $54,448,308 | $53,166,244 | -2.4% |
Atlantic Highlands | $166,526 | $190,897 | 14.6% |
Avon | $182,458 | $195,349 | 7.1% |
Belmar | $975,594 | $964,473 | -1.1% |
Bradley Beach | $1,050,018 | $1,021,859 | -2.7% |
Brielle | $467,593 | $512,929 | 9.7% |
Colts Neck | $1,025,733 | $1,136,070 | 10.8% |
Deal | $2,115,112 | $2,238,599 | 5.8% |
Eatontown | $3,774,541 | $3,647,236 | -3.4% |
Fair Haven | $466,724 | $5 |
Farmingdale | $785,824 | $805,470 | 2.5% |
Freehold Borough | $10,699,812 | $13,862,567 | 29.6% |
Freehold Regional | $51,564,083 | $50,296,156 | -2.5% |
Freehold Township | $4,266,774 | $4,527,805 | 6.1% |
Hazlet | $12,727,947 | $12,550,373 | -1.4% |
Henry Hudson Regional | $784,617 | $767,898 | -2.1% |
Highlands | $629,388 | $609,259 | -3.2% |
Holmdel | $2,016,705 | $2,339,427 | 16.0% |
Howell | $33,158,120 | $32,626,626 | -1.6% |
Interlaken | $63,529 | $65,117 | 2.5% |
Allenhurst | $46,964 | $45,359 | -3.4% | |||||||||
Asbury Park | $54,448,308 | $53,166,244 | -2.4% | |||||||||
Atlantic Highlands | $166,526 | $190,897 | 14.6% | |||||||||
Avon | $182,458 | $195,349 | 7.1% | |||||||||
Belmar | $975,594 | $964,473 | -1.1% | |||||||||
Bradley Beach | $1,050,018 | $1,021,859 | -2.7% | |||||||||
Brielle | $467,593 | $512,929 | 9.7% | |||||||||
Colts Neck | $1,025,733 | $1,136,070 | 10.8% | |||||||||
Deal | $2,115,112 | $2,238,599 | 5.8% | |||||||||
Eatontown | $3,774,541 | $3,647,236 | -3.4% | |||||||||
Fair Haven | $466,724 | $5 | ||||||||||
Farmingdale | $785,824 | $805,470 | 2.5% | |||||||||
Freehold Borough | $10,699,812 | $13,862,567 | 29.6% | |||||||||
Freehold Regional | $51,564,083 | $50,296,156 | -2.5% | |||||||||
Freehold Township | $4,266,774 | $4,527,805 | 6.1% | |||||||||
Hazlet | $12,727,947 | $12,550,373 | -1.4% | |||||||||
Henry Hudson Regional | $784,617 | $767,898 | -2.1% | |||||||||
Highlands | $629,388 | $609,259 | -3.2% | |||||||||
Holmdel | $2,016,705 | $2,339,427 | 16.0% | |||||||||
Howell | $33,158,120 | $32,626,626 | -1.6% | |||||||||
Interlaken | $63,529 | $65,117 | 2.5% | |||||||||
Keansburg | $26,830,161 | $26,538,616 | -1.1% | |||||||||
Keyport | $5,522,076 | $5,751,498 | 4.2% | |||||||||
Lake Como | $579,627 | $562,756 | -2.9% | |||||||||
Little Silver | $357,854 | $492,709 | 37.7% | |||||||||
Loch Arbour | $0 | $3,944 | ||||||||||
Long Branch | $43,224,236 | $45,385,448 | 5.0% | |||||||||
Manalapan-Englishtown Reg. | $19,440,358 | $18,773,314 | -3.4% | |||||||||
Manasquan | $624,883 | $721,224 | 15.4% | |||||||||
Marlboro | $11,418,511 | $11,161,748 | -2.2% | |||||||||
Matawan-Aberdeen Regional | $12,396,728 | $12,706,646 | 2.5% | |||||||||
Middletown | $17,481,823 | $17,167,245 | -1.8% | |||||||||
Millstone | $4,799,939 | $4,695,215 | -2.2% | |||||||||
Monmouth Beach | $158,713 | $180,433 | 13.7% | |||||||||
Monmouth Co. Vocational | $8,120,555 | $8,120,555 | 0.0% | |||||||||
Monmouth Regional | $3,298,990 | $3,205,090 | -2.8% | |||||||||
Neptune City | $2,061,529 | $2,008,196 | -2.6% | |||||||||
Neptune Township | $32,091,785 | $31,484,609 | -1.9% | |||||||||
Ocean | $7,614,796 | $7,472,792 | -1.9% | |||||||||
Oceanport | $457,470 | $498,088 | 8.9% | |||||||||
Red Bank | $3,570,056 | $5,537,219 | 55.1% | |||||||||
Red Bank Regional | $1,047,307 | $1,172,363 | 11.9% | |||||||||
Roosevelt | $1,000,970 | $979,481 | -2.1% | |||||||||
Rumson | $433,575 | $607,623 | 40.1% | |||||||||
Rumson-Fair Haven Reg. | $500,251 | $698,899 | 39.7% | |||||||||
Sea Girt | $112,818 | $129,193 | 14.5% | |||||||||
Shore Regional | $471,868 | $549,018 | 16.4% | |||||||||
Shrewsbury | $253,810 | $286,834 | 13.0% | |||||||||
Spring Lake | $201,306 | $233,324 | 15.9% | |||||||||
Spring Lake Heights | $334,236 | $370,318 | 10.8% | |||||||||
Tinton Falls | $3,519,232 | $3,459,542 | -1.7% | |||||||||
Union Beach | $8,283,817 | $8,144,561 | -1.7% | |||||||||
Upper Freehold Regional | $5,655,615 | $5,844,706 | 3.3% | |||||||||
Wall | $3,716,167 | $4,030,939 | 8.5% | |||||||||
West Long Branch | $302,812 | $343,940 | 13.6% | |||||||||
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