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Murphy Cuts School Funding by $336 Million

Governor Phil Murphy announced school funding cuts in the amounts of $336 million due to the pandemic related revenue shortfall, northjersey.com reports.

Monmouth County school districts are taking a $5,409 million hit, with Long Branch ($1,986,441), Freehold Boro ($1,430,309) and Red Bank ($537,624) bearing the brunt.

NJ education revised funding numbers
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Posted: May 30th, 2020 | Author: | Filed under: COVID-19, Education, Monmouth County News, New Jersey | Tags: , , , | 1 Comment »

One Comment on “Murphy Cuts School Funding by $336 Million”

  1. Red Bank said at 7:32 am on May 30th, 2020:

    Long Branch actually did well compared to other Monmouth County towns as a % of decreased dollars. List of losers based on % decrease, towns not listed did not lose dollars.

    Town, Decrease, % decrease
    West Long Branch Boro, -$56,848, 11.93%
    Holmdel Twp, -$310,861, 10.23%
    Little Silver Boro, -$59,520, 9.36%
    Rumson-Fair Haven Reg, -$83,383, 9.28%
    Rumson Boro, -$71,608, 9.22%
    Fair Haven Boro, -$61,491, 9.01%
    Shrewsbury Boro, -$32,617, 8.94%
    Shore Regional, -$58,033, 8.44%
    Freehold Boro, -$1,430,309, 8.24%
    Brielle Boro, -$51,444, 8.08%
    Red Bank Boro, -$537,624, 7.79%
    Oceanport Boro, -$45,886, 7.77%
    Spring Lake Heights Boro, -$23,188, 5.50%
    Atlantic Highlands Boro, -$11,628, 5.27%
    Red Bank Regional, -$61,464, 4.71%
    Interlaken, -$3,330, 4.71%
    Colts Neck Twp, -$57,905, 4.57%
    Long Branch City, -$1,969,441, 3.94%
    Wall Twp, -$162,385, 3.67%
    Manasquan Boro, -$22,385, 2.86%
    Monmouth Beach Boro, -$5,274, 2.71%
    Sea Girt Boro, -$2,897, 2.13%
    Spring Lake Boro, -$4,837, 1.96%
    Matawan-Aberdeen Regional, -$244,503, 1.88%
    Avon Boro, -$2,594, 1.28%
    Freehold Twp, -$51,280, 1.10%
    Deal Boro, -$1,628, 0.07%