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Tom Kean: Underfunding School Formula Another Broken Promise by Corzine
By bschnureSenate Republican Leader Tom Kean said Governor Corzine’s published comments on school aid in today’s Star-Ledger are worrisome. The Governor thinks he can save $500 million by not providing enough money in the 2010-2011 budget to meet the school funding formula, the newspaper said. In the current year, Governor Corzine underfinanced the school funding formula by $300 million.
“Governor Corzine made promises on school funding to the citizens of New Jersey and the New Jersey Supreme Court that he has not kept,” said Kean. “The lack of state aid will translate into school property tax increases across most of New Jersey.”
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