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State budget caps limit Piscataway's potential aid loss to about $800,000, fiscal chair says
Summary
At the July 10 board meeting the board's fiscal committee chair told trustees that New Jersey's FY26 budget caps volatility in K-12 state aid; without the caps the district would have lost about $13.5 million of roughly $27 million in state aid, and with the adopted language the projected change is about $800,000.
The Piscataway Township Board of Education heard an update on the state budget's effect on local school funding at its July 10 meeting, with the board's fiscal committee chair calling the budget language "helpful for planning." The chair said the governor signed the FY26 budget on June 30 and that it includes tools to limit aid volatility for K-12 districts.
"They…
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