Does West Deptford Twp. School District Win or Lose In Proposed Budget? Find out:

WEST DEPTFORD TOWNSHIP, NJ — The West Deptford Township School District is slated to receive $154,967 more in the Fiscal Year 2023 than it did in the Fiscal Year 2022, according to figures released by the state.

The school district would receive $14,372,529 for the Fiscal Year 2023 under a proposal — a 1.09 percent increase over its state aid from the previous fiscal year, the report says.

The allocation is part of the $19.2 billion Gov. Phil Murphy proposed for the state’s K to 12 schools in his budget address last week.

State aid is an influential factor in a school district's share of property taxes. Many districts say that cuts – or even flat spending – force them to raise taxes for local homeowners.

Property taxes in New Jersey are made up of three parts: school, municipal and county. Last year, the average property owner in the state paid roughly 52.9 percent of their total for school taxes, 29.4 percent for municipal taxes and 17.8 percent for county taxes.

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