Since the beginning of 2018-19 school year a group of districts has emerged calling itself SOS "Support Our Students" whose raison d'etre is to oppose the redistribution of state aid that is called for by the S2 legislation.
The group is led by South Jersey districts including Toms River, Brick, and Freehold Regional, but there are actually 71 districts involved, mostly but not entirely from South Jersey.
The following is my analysis of these districts. Here is the "SOS Overaiding Spreadsheet" I used to create this.
Twenty of the SOS districts have fewer than 500 students:
The median district gets 149% of its Uncapped Aid, but there are 17 districts getting over 200%, four getting over 300%, and one Springfield Township of Burlington County, getting 456%.
There are actually three UNDERAIDED districts who have joined SOS, Delanco, Burlington City, and Point Pleasant Beach.
The median district actually does pay 100% of its Local Fair Share, but there are fourteen districts who pay less than 80% of their Local Fair Shares, including HOBOKEN.
Note, Local Fair Share isn't the same tax rate for every district. It ranges from 0.7% up to 2.0%. For Toms River, Brick, Wildwood City, Point Pleasant Beach, and other Jersey Shore districts, Local Fair Shares are very low because vacation homes do not have income attached to them and Local Fair Share is partly based on residential income.
The state median for Local Fair Share is a 1.42% tax rate, but Brick and Toms River have 1.2% Local Fair Share tax rates. Wildwood City's Local Fair Share tax rate is 0.8%.
I do not have the time to determine which of these districts are above or below Adequacy (which I don't focus on because spending relative to Adequacy depends on local tax effort and not just state aid), but more than half are above Adequacy.
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