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
Artificial Intelligence Webinar
Beyond Teacher Tools: Exploring AI for Student Success
Teacher AI tools only show assigned work. See how TrekAi's student-facing approach reveals authentic learning needs and drives real success.
Content provided by TrekAi
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
Building for the Future: Igniting Middle Schoolers’ Interest in Skilled Trades & Future-Ready Skills
Ignite middle schoolers’ interest in skilled trades with hands-on learning and real-world projects that build future-ready skills.
Content provided by Project Lead The Way
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
Artificial Intelligence Webinar
AI in Schools: What 1,000 Districts Reveal About Readiness and Risk
Move beyond “ban vs. embrace” with real-world AI data and practical guidance for a balanced, responsible district policy.
Content provided by Securly

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 Some Halted Federal Funds for Community Schools Will Flow, But More Remain Frozen
Schools in Illinois will regain access to some federal grant funds, but programs nationwide continue to struggle.
5 min read
Image of money symbol, books, gavel, and scale of justice.
DigitalVision Vectors
Education Funding The Trump Admin. Says It Supports Career-Tech. Ed. It Canceled CTE Grants Anyway
Nineteen projects—many in rural areas—lost funding that was helping students prepare for college and careers.
12 min read
As part of the program, the Business students at Donald M. Payne Sr. Tech Campus in Newark, NJ on Feb. 26, 2026m have access to computers with subscriptions to the latest software to help them prepare for the workforce.
Business students at the Donald M. Payne Sr. School of Technology in Newark, N.J., work in a computer lab on Feb. 25, 2026. A U.S. Department of Education grant was helping students in business and other fields at the school access enrichment programming, college courses, and financial support after graduation. But the department terminated the grant, along with 18 other similar awards across the country, last summer.
Oliver Farshi for Education Week
Education Funding Educators Warn Flat English Learner Funding Falls Short of Growing Demand
Educators remain uncertain about the future of federal funds for English learners.
3 min read
Pictures show what mouth shape different sounds make on the walls of Diana Oviedo-Holguin’s class at Heritage Elementary School in San Antonio, Texas, on Sept. 3, 2025.
Pictures show what mouth shape different sounds make on the walls of Diana Oviedo-Holguin’s class at Heritage Elementary School in San Antonio, Texas, on Sept. 3, 2025. While educators feel relieved that federal dollars for supplemental English-learner resources will continue in the next fiscal year, they remain uncertain for the years to come.
Noah Devereaux for Education Week
Education Funding Congress Has Passed an Education Budget. See How Key Programs Are Affected
Federal funding for low-income students and special education will remain level year over year.
2 min read
Congress Shutdown 26034657431919
Congress has passed a budget that rejects the Trump administration’s proposals to slash billions of dollars from federal education investments, ending a partial government shutdown. House Speaker Mike Johnson, R-La., and fellow House Republican leaders speak ahead of a key budget vote on Feb. 3, 2026.
AP Photo/J. Scott Applewhite