Wednesday, October 16, 2024 - 6:00 PM - 8:30 PM
Every year, as they work to develop the proposed budget for the next academic year, school officials wait to receive a critical number from the New Jersey Department of Education: the amount of state aid they will receive for the following year.That figure is determined by the current school funding formula, passed into law as the School Funding Reform Act of 2008. Join us as we take a deep dive into understanding the budget formula and how districts can stabilize their funding.