Schools

Newark Will Get More School Aid From NJ Under Murphy Plan

More than $19B in state aid is coming to New Jersey towns and cities. Here's what Newark will get, and what it means for property taxes.

NEWARK, NJ — Newark is expected to get $120,879,728 more than last year in school aid from New Jersey as part of the latest state budget proposal, according to figures released Thursday.

Gov. Phil Murphy's administration has proposed $19.2 billion for New Jersey pre-K to 12 schools for the fiscal year 2023 budget. Read More: NJ School Aid: Who's Getting More, Who's Getting Less

Newark would get a total of $1,035,927,916 under the proposal, an increase of 13.21 percent from last year.

Find out what's happening in Newarkfor free with the latest updates from Patch.

State aid is an influential factor in a school district's share of property taxes. Many districts say that cuts – or even flat spending – forces them to raise taxes for local homeowners.

Property taxes in New Jersey are made up of three parts: school, municipal and county. Last year, the average property owner in the state paid roughly 52.9 percent of their total for school taxes, 29.4 percent for municipal taxes and 17.8 percent for county taxes.

Find out what's happening in Newarkfor free with the latest updates from Patch.

In Newark, that breakdown was 31.1 percent for school taxes, 53.8 percent for municipal taxes and 15.1 percent for county taxes.

This article contains reporting by Josh Bakan, Patch staff

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