Updating N.J. school funding formula key to high-performance, report says.

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If New Jersey wants test scores that top the nationl charts, it will need to readjust its funding formula to reflect recent higher standards.

New Jersey Policy Perspective, a nonprofit working for economic, social, and racial justice, is calling for legislative hearings on adjusting the formula to reflect higher student performance goals. The authors note state exams have become more rigorous, and students are expected to meet higher standards since the last time the formula considered such factors, almost 20 years ago.

The report concluded that if New Jersey wants Massachusetts-level test scores that top the national charts, it would need to increase the funding it sends to the highest-poverty districts by more than $7,000 per student. The report did not include a statewide total of such recalculations. The report noted that higher funding levels can boost student achievement: “Researchers have found compelling evidence that reductions in class size, more support and instructional staff, early childhood education, increases in instructional time, and more competitive wages for school staff benefit students.”

 

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