The district has received $282 million in federal COVID aid. The proposed budget increase would dovetail with significant federal COVID relief funds Newark schools are getting. This year, Newark is receiving about $915 million in state aid, which was a bump from last year. “By adequately funding our public schools, we are allowing towns to maintain high-quality educational programs without passing the additional cost on to property taxpayers.” “We place great value on providing all students with access to a world-class education, and this budget continues to support students and school districts,” said Murphy, who detailed the proposal at James Monroe Elementary School in Edison alongside acting Education Commissioner Angelica Allen-McMillan and other state officials. The proposed budget also includes $68 million for preschool aid. Roughly $5.6 billion would go toward funding teachers pensions, according to a press release from Murphy’s office. Overall, Murphy’s budget provides $19.2 billion to support schools, which includes $9.9 billion in school aid, $80 million to cover capital projects, and $350 million for school facilities projects. The $120 million boost for Newark is part of the governor’s pitch to increase K-12 school funding by $650 million in 2023. Newark schools would receive more than $1 billion in state aid next year, an increase of about 13% from this year, under a budget blueprint Gov.
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