State Leaders Announce Proposal to Provide Millions of Dollars to Fund Education

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NEW JERSEY -

A new agreement has been reached on a plan to rework how New Jersey funds education.

State Senate President Steve Sweeney and Assembly Speaker Vincent Prieto stated that the new agreement announced on Wednesday, June 14th, would provide $100 million in new school aid for underfunded districts and $25 million to expand preschool education.

The proposal also includes $46 million in reallocated adjustment aids that is awarded to school districts to make sure they don't lose aid under the current school funding plan.

The agreement comes several days after Governor Chris Christie missed a self-imposed deadline to rework the current funding system.


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