How Fair is the “Fairness Formula” for New Jersey School Children & Taxpayers?
Mark Weber, PhD Student, Rutgers Graduate School of Education
Ajay Srikanth, PhD Student, Rutgers Graduate School of Education
PDF Policy Brief: Weber.Srikanth.FairnessFormula.June_30
This brief provides a first look at the “Fairness Formula,” Chris Christie’s school tax reform plan. In this analysis, we show:
- The “Fairness Formula” will greatly reward the most-affluent districts, which are already paying the lowest school tax rates as measured by percentage of income.
- The “Fairness Formula” will force the least-affluent districts to slash their school budgets, severely increase local property taxes, or both.
- The premise of the “Fairness Formula” – that the schools enrolling New Jersey’s at-risk students have “failed” during the period of substantial school reform – is contradicted by a large body of evidence.
The “Fairness Formula,” then, would transform New Jersey’s school funding system from a national model of equity into one of the least equitable in the country, both…
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