SPRINGFIELD, NJ—-The Springfield School District will receive an additional $115,000 in state aid through the recently-enacted state budget,
The announcement was made at Monday’s board of education meeting by school business administrator Matthew Clarke, who noted that the district was informed of the state aid increase on July 14.
Clarke also noted that, if applied to tax decreases, the additional aid would amount only to about three cents per day per $100,000 of assessed valuation for each Springfield property tax owner.
The business administrator suggested that, instead, the school body apply the increased aid against the 2018-2019 school budget. He noted that Springfield’s legislative representatives suggested that similar state aid increases might be available in the next state budget, and, therefore, it might be a good idea to apply the extra aid when it was available.
The New Jersey Legislature has been considering several modifications of state school aid formulas that could result in the levels of aid distributed among state public school districts.
At Monday’s meeting there seemed to be a consensus of support among board members for Clarke’s suggestion.
The board is scheduled to meet on Monday, August 14, at 7:30 p.m. in the Jonathan Dayton High School Media Center. This is a change from the regular meeting date for August.