Budget 2025-26 cuts millions in state aid for 32 central Jersey districts, overhauls education funding with $22.2B

Governor Phil Murphy’s proposed 2025-26 state budget increases overall education funding to $22.2 billion while cutting aid to 32 Central Jersey school districts. This mixed result stems from a revised state formula aimed at fairer resource distribution based on local wealth and costs. Affected districts face up to 3% reductions, raising concerns over their financial sustainability.