New Jersey Department of Education

2018-19 State Aid Summaries

Proposed Phase-In and Projected SFRA K-12 Formula – FY2019

The Governor’s FY2019 budget proposal includes a four-year phase-in to SFRA formula funding for all school districts.  In total, $283.6 million in additional K-12 school aid was proposed for FY2019, the first year of the phase-in.  The Department is providing the full formula K-12 amounts calculated for FY2019 as the basis for the first year of the phase-in, for informational purposes only.