Bloomfield Schools May Get More State Aid (Here’s How Much)

BLOOMFIELD, NJ — The Bloomfield Public School District is in line to get a 9.19 percent increase in state aid under the latest budget proposal from Gov. Phil Murphy.

The governor’s office released its aid projections for K-12 schools for fiscal year 2025 this week. Nearly 200 New Jersey schools could see five-figure increases if the spending plan crosses the finish line intact. Read More: Biggest Boosts, Cuts To NJ Schools Under New Aid Plan (See The List)

Murphy also announced funding for expanded preschool access, free school meals and student-teacher stipend and recruitment efforts as part of his annual budget address earlier this week. See Related: 5 Big Takeaways From Murphy's Budget Address

Bloomfield schools would get $53,117,893 in state aid, which is up from this year’s $48,647,386. It would be earmarked as follows:

• Equalization Aid - $41,358,971
• Transportation Aid – $2,013,455
• Special Education Aid - $7,648,643
• Security Aid - $2,096,824

Only two school districts in Essex County would lose state aid under the latest proposal: West Orange and the Essex County Vocational-Tech system.

Property taxes in New Jersey are generally made up of three parts: school, municipal and county.

State aid is an influential factor in a school district's share of property taxes. Many districts say that cuts – or even flat spending – forces them to raise taxes for local homeowners. Read More: Property Taxes In Bloomfield (See Latest 5-Year Breakdown)

Here’s how Bloomfield's taxes broke down in 2023, according to the latest state data:

• School – 48.6%
• Municipal – 37.9%
• County – 15.4%

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