New NJ School Aid Amounts Released: Who's Getting More?

NEW JERSEY — Dozens of New Jersey school districts may see cuts to K-12 state aid this upcoming school year, according to new figures released this week.

More than 60 school districts will see funding cuts in double-digit percentages, according to proposed district-by-district funding data published this week. Another 200-plus school districts are poised to see aid increases in the double digit percentages.

During his annual budget address to legislators Tuesday, Gov. Phil Murphy noted the proposed plan includes the single largest investment in public education in state history. The budget would fully fund the state’s school funding formula for the first time, raising public school funding by $908 million to $11.7 billion.

Murphy also earmarked funding for expanded preschool access, free school meals and student-teacher stipend and recruitment efforts.

"I am honored to report that the single largest investment in our budget is dedicated to New Jersey’s best-in-the-nation public education system,” Murphy said Tuesday. Read more: 5 Big Takeaways From Murphy's Budget Address

Public hearings and committee meetings will begin before an anticipated balanced budget is due on July 1.

Here are the top five school districts that will see the largest funding increases, including FY2025 K-12 state aid and percent increase from the 2024 fiscal year, per Murphy’s budget:

• Mannington Twp, Salem County, $517,067, 112.2 percent
• Maywood Boro, Bergen County, $4,066,732, 105.9 percent
• Colts Neck Township, Monmouth County, $3,633,598, 98 percent
• Stow Creek Township, Cumberland County, $809,415, 77.87 percent
• Weymouth Township, Atlantic County, $1,082,281, 66.15 percent

Here are the top five school districts that will see the largest funding decreases, per Murphy’s budget:

• Cape May Point, Cape May County, $759, -62.56 percent
• Bass River Twp, Burlington County, $245,782, -60.65 percent
• Runnemede Boro, Camden County, $3,045,315, -57.68 percent
• Woodland Twp, Burlington County, 268,360, -49.75 percent
• Wildwood City, Cape May County, $1,189,000, -37.84 percent

Last year, the Atlantic Highlands and Highlands municipalities voted to regionalize the school districts into Henry Hudson Tri-District. In turn, the proposed FY 2025 budget reflects $0 allocations to Atlantic Highlands Boro and Highlands and $1,093,926 funding to the new tri-district with Henry Hudson Regional. In FY2024, the three separate districts received a total of $1,037,404 in state aid.

You can view 2024-25 preschool and K-12 state aid summaries by county and school district below: