Home Schools Toms River Proposed to Receive Slight Increase in State School Aid

Toms River Proposed to Receive Slight Increase in State School Aid

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Toms River Regional (TRRS) Board of Education headquarters. (Photo: Daniel Nee)
Toms River Regional (TRRS) Board of Education headquarters. (Photo: Daniel Nee)

The Toms River Regional school district, according to figures published by the state Department of Education today, will receive an increase in state funding for the 2018-19 school year.

The funding, which is subject to the adoption of a final budget by the state legislature, would increase by 1.9 percent, to $68,224,666. Last year, the district received $66,975,394 in state funding, but only after a budget battle that restored funding after a bipartisan deal threatened to reduce funding $3.3 million.

Most significantly, Toms River will receive $10,421,674 in what is known as “adjustment aid,” funding that is provided to school districts whose tax rates are not high enough according to a state formula. This was the aid that was targeted last year in the budget deal hatched between then-Gov. Chris Christie and Sen. President Steve Sweeney. The reduction was eventually totally reversed.

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Toms River Regional will also receive:

  • $39,941,537 in equalization aid.
  • $5,458,073 in transportation aid.
  • $9,865,327 in special education aid.
  • $2,538,055 in security aid.

Overall, state funding would increase by $1,249,272 under the proposal.

The state’s budget must be adopted by the end of the fiscal year, July 1.

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