Here's the complexity of NJ's state aid for districts who are high-poverty and low-tax base: 1. The Adequacy targets are higher than will be effective. Camden will not be marketedly better spending $27.5k pp (counting pensions). 2. Local Fair Share is too high... 1/2 @njedreport
Here's the complexity of NJ's state aid for districts who are high-poverty and low-tax base: 1. The Adequacy targets are higher than will be effective. Camden will not be marketedly better spending $27.5k pp (counting pensions). 2. Local Fair Share is too high... 1/2 @njedreport
for low-tax base districts to pay. Camden's LFS = $29.8 mil, which = 1.63% tax rate, on top of a muni rate of 1.6% and a county rate of 0.6%, and with Camden's poverty? SFRA sets excessive Ad'cy Budgets AND excessive LFSs. Fixing that is possible, but hard. @FairFundingAC