Gov. Phil Murphy proposed $11.6 billion for New Jersey’s public schools in his fiscal year 2025 budget address on Tuesday — a historic investment that would, for the first time, fully fund K-12 schools.
The proposed aid, a $908 million increase from the current year, would be Murphy’s final payment into the seven-year plan, outlined by a law he signed in 2018, to fully fund the state’s school aid formula and redirect money to underfunded districts, including Newark Public Schools.
