Beginning in March 2020, state governments across the country implemented restrictions on many forms of economic activity to prevent the spread of the COVID-19 disease. These necessary decisions for public health have caused declines in the economy, reductions in state revenues, and state budgetary shortfalls. State governments often reduce school aid when balancing their budgets during economic recessions. A significant reduction in state aid is problematic for New Jersey school districts because many districts depend on federal and state revenues to fund schools. To help the state distribute cuts fairly, and to help school districts plan for the future, it is vital that state and local policymakers in South Jersey are aware of the most financially vulnerable school districts in the region.
This study provides actionable and pertinent school district funding information by examining the current financial status of the largest school districts in South Jersey and identifies the school districts that are most financially vulnerable to a potential reduction in school aid.
For questions contact Michael S. Hayes, Assistant Professor, Rutgers University-Camden at michael.hayes@rutgers.edu.