Corzine looks to overhaul NJ school fundingPosted: Updated:
Gov. Jon Corzine announced a plan Wednesday to distribute school funding more evenly and increase funding by $530 million.
Corzine says each school district will be getting at least 2 percent more funding in the first year and more than 100 districts will see as much as a 20 percent increase. Under the plan, districts will be assigned a level of adequate funding based on several factors, such as special education.
Districts currently receiving less money than their level calls for would see an increase in aid, according to Corzine. Under the plan, state officials could make schools spending more than their level use the money for property tax relief.
Parents like Jarrod Broadway say the plan sounds good in theory, but they're waiting to see how it is implemented.
"If he can do what he says without robbing Peter to pay Paul and create additional funding without the taxpayers shouldering the burden, we'll see how it works," says Broadway.
The proposal still needs to pass through the state Legislature, but Corzine hopes the plan is passed before he presents next year's budget in February.