I did not have time to listen live to Governor Christie's speech this AM, but just saw this report on the blog New Jersey Left Behind, whose author was live-blogging during the address:
This year, school aid will be cut by $475 million. 500 districts will be affected. More than 100 districts will lose all their school aid for the year. Districts must make up the difference from their surplus funds. Christie says "these cuts won't touch the classroom." (Hmm. They will next year.)
Well, Ridgewood, that's another $1 million or so hit on our budget for next year. That's what we get for playing by the rules, saving money, and ending with money we would have returned to the taxpayers in next year's budget.
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