Paterson looks to gain almost $4.8 million in school aid under proposed plan

The city’s school district could see an additional $4.8 million in state education funding under an agreement reached late last week by New Jersey senate president Stephen Sweeney and assembly speaker Vincent Prieto.

Sweeney and Prieto’s agreement includes $146 million in school aid to underfunded school districts and $25 million for pre-school expansion in the state. $100 million is new school aid and $46 million is reallocated funds from districts receiving 100-percent or more of their fair share of school dollars based on the School Funding Reform Act of 2008. The agreement …read more

Source: Paterson Times

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