Earlier today, New Jersey Governor Phil Murphy visited the Fort Lee High School to highlight how his proposed state budget increases school funding by $206 million.
“Our spending plan finally sets New Jersey on a path to fully funding our public schools,” Governor Murphy said.
“Fort Lee is just one example of many school districts where state funding failed to keep pace with a rapidly growing community, forcing the district to make tough choices as the number of students grew while the budget did not. By putting our school districts on a level playing field, we can ensure that all of New Jersey children have the tools they need to succeed.”
The Governor’s proposed Fiscal Year 2020 budget would continue the seven-year phase-in to full funding, which began last year with the Fiscal Year 2019 Appropriations Act. Governor Murphy’s budget includes $15.4 billion to support schools, the highest levels of state aid in New Jersey history. His proposed budget would increase direct K-12 school aid, or “formula aid,” by $206 million.
Other major initiatives in the Governor’s budget are career and technical education (CTE) and STEM education. The spending plan would continue the Computer Science for All effort ($2 million), Liberty Science Center’s program to provide science education to schools with high numbers of at-risk students ($1.35 million), and innovative early college programs such the PTECH model to bring together high schools, community colleges, and businesses ($400,000).
In addition, Governor Murphy’s spending plan calls for a $5 million increase in extraordinary special education aid; ensures that charter schools do not see cuts to aid levels this year, and provides an additional $108.9 million to support payments that the state makes on behalf of school districts, including teacher pensions, medical benefits for retired educators, and Social Security contributions for teachers.