The Department of Education has finally calculated Uncapped Aid figures. I have gotten these data via an OPRA request and put everything online.
In 2016-17, the 212 overaided districts had a total surplus of $618 million and the 379 underaided districts had a total deficit of $1.93 billion.
But for 2017-18 things are even more unjust:
- There are 222 overaided districts with a cumulative surplus of $696,882,364. ($27 million of this excess is from Interdistrict Choice)
- There are 369 districts with a cumulative deficit of $2.072 billion.*
- The median NJ district gets $4,031 per student in K-12 state aid.
- The median NJ district is underaided by $460 per student (compared to uncapped aid.)
- The median NJ district gets 82% of its Uncapped Aid.
- There are 72 districts that get 200% or more of their Uncapped Aid.
- Of the 222 overaided districts, 89 are overaided by $2,000 or more per student.
- The total excess aid of the overaided districts is $696.9 million.
- Of the 369 underaided districts, there are 127 districts that get 49.9% or less of their uncapped aid.
- Of the 369 underaided districts, there are 113 that have aid deficits greater than $2,000 per student and 58 with deficits greater than $4,000 per student.
- The total deficit for the underaided districts is $2.072 billion.
- Asbury Park is the most overaided in per student terms, with an excess of $11,278 per student. SFRA's target for Asbury Park is $13,401 per student, but Asbury Park's actual aid is $25,595 per student.
- Deal is the most overaided in percentage terms, getting 1086% of what SFRA recommends. This is due to Interdistrict Choice money, although Deal is a small recipient of Adjustment Aid.
- Bound Brook is the most underaided in per student terms, with a deficit of $10,592 per student. (It gets $8.2 million when it should get $26 million for 1,724 students.)
- Chesterfield is the most underaided in percentage terms, getting only 9.5% of what it is supposed to. It gets $419,983 when it should get $4.22 million.
- Jersey City has the most untapped Local Fair Share. Jersey City's Local Fair Share is now $370 million, but its actual tax levy is $114 million.