Schools
Freehold Schools Learn State Aid Numbers for Fiscal 2014
Freehold Borough and Freehold Township have received their state aid numbers.
Days before Freehold school districts adopt their tentative school budgets, state aid figures have been released.
According to a NJ Spotlight article, the state Department of Education posted online Thursday the breakdown of $8.7 billion in proposed state school aid for fiscal 2014.
In Freehold Borough, the district learned that it would see a slight increase in state aid, while in Freehold Township the aid will remain the same.
Find out what's happening in Freeholdwith free, real-time updates from Patch.
For the 2012-2013 school year the Freehold Borough School District received a total of $9,176,188 in state aid. The Freehold Borough School District will see an increase in aid for the 2013-2014 school year by receiving a total of $9,611,330 in state aid.
According to the Department of Education, Freehold Township Schools will receive the same amount of aid for the 2013-2014 school year as they did in 2012-2013; a total of $4,123,288 in aid.
Find out what's happening in Freeholdwith free, real-time updates from Patch.
With the state aid numbers in, both school districts can now go forward with their budget talks and adopt a tentative budget. The Freehold Borough BOE plans to adopt their tentative budget at the Monday, March 4 BOE meeting. The Freehold Township BOE is scheduled to adopt their tentative budget at their Tuesday, March 5 BOE meeting.
County: MONMOUTH
District: Freehold Borough
K-12 2012-2013 Total Aid: 9,176,188
Equalized Aid: 8,115,888
Education Adequacy Aid: 0
Choice Aid: 0
Transportation Aid: 44,314
Special Education Aid: 821,499
Security Aid: 194,487
Under Adequacy Aid: 0
Supplemental Enrollment Growth Aid: 435,142
Adjustment Aid: 0
Additional Adjustment Aid: 0
K-12 2013-2014 Total Aid: 9,611,330
One Year Aid Change: 435,142
% Aid Change: 4.7%
County: MONMOUTH
District: Freehold Township
K-12 2012-2013 Total Aid: 4,123,288
Equalized Aid: 1,140,072
Education Adequacy Aid: 0
Choice Aid: 0
Transportation Aid: $300,655
Special Education Aid: 2,597,902
Security Aid: 84,658
Under Adequacy Aid: 0
Supplemental Enrollment Growth Aid: 0
Adjustment Aid: 0
Additional Adjustment Aid: 1
K-12 2013-2014 Total Aid: 4,123,288
One Year Aid Change: 0
% Aid Change: 0
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