Earlier today the Christie Administration announced the allocation plan for $850 million in new aid authorized for New Jersey schools in the Fiscal Year 2012 Budget. It includes the initial $250 million increase for all school districts, as well as an additional $450 million for the Abbott districts, and an additional $150 million for non-Abbott districts.
“This year, New Jersey increased state aid to school districts by $850 million over last year, restoring every dollar of the cuts we were forced to make last year and increasing aid by an additional $30 million. We are keeping faith with our commitment to New Jersey’s children and families, spending more money per pupil on New Jersey’s students than almost any other state in the country,” said Governor Christie. “Now is the time to complement the dollars spent with real education reform to bring a focus on student learning, accountability and results.”
In RiverDell, each of the three districts will receive additional funding. Oradell's K-6 will receive an extra $101,870, while the River Edge K-6 will get $$141,385. River Dell Regional is in line to receive $256,261.
"Being able to provide additional education funding to districts this year further affirms this Administration’s commitment to ensuring each and every child in New Jersey receives a quality education," said Acting Education Commissioner Chris Cerf. "It is now time to focus on aggressive education reform, concentrating on improving standards, assessments, and curriculum; strengthening the use of performance and accountability data; improving educator effectiveness; and investing in innovative models of educational delivery."
The county and school district allocation lists can be viewed here.District Initial Aid New Aid Total Aid 2010-11 Aid Oradell $140,038 $101,870 $241,908 $38,169 River Edge $169,228 $141,385 $310,613 $27,842 River Dell $256,261 $256,261 $512,522 $0