State Aid Increase For Cherry Hill Schools

CHERRY HILL, NJ — The Cherry Hill Public School District will receive more state aid than Governor Phil Murphy said it originally would, revised numbers released by the state Friday show.

Cherry Hill will receive $17,295,270 in state aid for the 2018-19 school year. In his original budget message, Murphy said the district would receive $14,727,844. The district received $14,131,515 in state aid for the 2017-18 school year. Overall, the increase is $3,163,755 (22.23 percent).

The Murphy administration says the new figures take significant steps to begin the process of fully and fairly funding New Jersey school districts, saying that $8.5 billion will be disbursed to the state's school districts, including an additional $68 million to bring aid in balance for underfunded districts.

“A stronger, fairer New Jersey means making sure that New Jersey's schools are receiving the funds they need to advance academic excellence for our students,” Murphy said. “After years of neglect, we are turning the page to bring a balanced approach to school aid by removing the growth cap on funding increases and finally beginning the process of fully implementing the state's school funding formula established in 2008.”

See related: Winning And Losing NJ School Districts In Budget Deal

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