This is just my annual post on changes in Equalized Valuation.
As usual, Equalized Valuation is half of the calculation of Local Fair Share.
The 25-26 formula is:
For 2025-26, the Local Fair Share formula is
(Equalized Valuation x 0.014949314 + Aggregate Income x 0.059963161)/2
Jersey City gained $9.2 billion. That'll be enough to cement its loss of Equalization Aid, although it should still retain the excess aid that Phil Murphy allowed it and other overaided districts to have in 2025-26.
And here are five year gains for counties
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