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POINT PLEASANT, NJ — The Point Pleasant Borough School District will have its state school funding cut by more than $541,000 for the 2022-23 school year, under state aid figures released by the state Department of Education.
Point Pleasant is among about 200 school districts whose aid is being reduced under Gov. Phil Murphy's proposed Fiscal Year 2023 budget.
Murphy's administration proposed $9.2 billion for New Jersey pre-K to 12 schools, including an additional $649.8 million for K-12 aid to put K-12 "formula" aid at $9.92 billion.
Brick is slated to receive $3,822,214 in aid for 2022-23, $541,116 less than the $4.4 million the district received in 2021-22.
The state education department has been cutting aid to some districts under s2, which targeted "adjustment aid" and, according to the state, aims to force districts to pay their "local fair share" of the costs of schools in the state. The cuts are part of S2, which is in the fifth year of seven years of cuts.
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