NJ’s school funding formula needs to change, education chief says

New Jersey's school funding formula served its purpose but has become outdated, Education Commissioner Lily Laux told lawmakers Wednesday.

By: Nikita Biryukov

Outlets: New Jersey Monitor

Published: April 15, 2026

Words: 759

Last Updated: 2 months, 2 weeks ago

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New Jersey’s school funding formula should be changed to be more predictable and transparent following years of steep aid swings that have spurred school closures in some districts, state Education Commissioner Lily Laux told the Assembly Budget Committee Wednesday.

Lawmakers should also consider a broader examination of how the formula determines funding levels for districts given the changes they’ve faced to their needs since New Jersey enacted the formula in 2008, she said.

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