State Receives (and Approves) Fewer Requests to Exceed Tax Cap

Budget Watch: Revenue Fizzling

Budget 2009-2010: NJSBA to Host Webcast April 14

NJSBA Board Charts New Course for Headquarters Project

Districts Notified of Pension Deferral, Aid Reductions

State Launches Personalized Learning Plans

School Choice Program Up for Reauthorization

Accountability Regs: Survey Measures Financial Impact

Ethics/Financial Disclosure Forms are Due April 30

Court Bars Withdrawal from Regionals

Voter Registration Defect did not Disqualify Candidate

Two New Jersey Districts Win National Honors

A Dialogue with Eighth Graders

NJSBA Officials Join Middlesex SBA at Student Recognition Event

NJSBA Delegate Assembly Handbook Mailing

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Budget Watch: Revenue Fizzling

State revenue projections from now through June 2010 are $605 million lower than the amounts anticipated by Gov. Jon Corzine when he proposed his 2009-2010 budget last month, according to a report by the non-partisan Office of Legislative Services (OLS).

Presented to the Senate Budget and Appropriations Committee Monday, the estimate reflects revenue shortfalls of $383 million for the current budget year and $222 million in 2009-2010. While not disputing the OLS numbers, State Treasurer David Rousseau told the Senate committee that if tax collection data compiled in May confirms a drop-off in revenue, revenue projections in the governor’s proposed budget would be adjusted.

Direct state aid to elementary and secondary education was one of few areas not cut in the governor’s proposed budget.  Statewide, direct school aid increased by approximately $300 million over last year’s levels.

The Senate and Assembly Budget Committees are conducting meetings on the proposed budget with cabinet members and other state officials through early May. Commissioner of Education Lucille E. Davy is scheduled to appear before the Senate committee on April 29 and the Assembly panel on April 30.

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