Late this afternoon, the New Jersey Department of Education released its district-by-district school aid numbers, and the Bridgewater-Raritan School District will get $6,717,763, an increase of $1,331,546 over last year’s school aid.
In my last blog post this morning, I had estimated that, if Governor Christie came through with “a full 1% hike in aid to the B-R School District,” as was being reported in the press, that the B-R School District would receive “approximately $1.3 million” more in state aid.
Trenton came through, and that’s what happened.
As it turns out, the last tentative Bridgewater-Raritan School budget presented on January 25th included an assumption for school aid of only $4,623,537, a reduction, not an increase from last year.
This means that the School Board and the Administration are now looking at another $807,933 that is available from their prior, low estimate of school aid. This number, when added to the $1,331,546 increase announced by the state this afternoon, makes a total of $2,139,479 more that is available to help in funding the budget.
Let’s hope that it is not allocated to salary and benefit increases.
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