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The state of New Jersey is facing a public school funding crisis that is set to worsen in the 2022 fiscal year. According to a report by the New Jersey School Boards Association, the state is currently underfunding its public schools by $1.7 billion. This shortfall is expected to grow to $2.5 billion by the 2022 fiscal year.
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To get ahead of this crisis we have to shore up our schools and get our financial house in order. Providing quality education is essential for our town's long-term success and health. The current economic condition has made these problems more pronounced and a severe risk to our town. We need to address these issues as follows:
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