Yut’se Thomas, Acting Assistant Commissioner, writes in a memo to superintendents and business administrators,
For purposes of developing your preliminary budgets, districts should make allowances for the possibility of a reduction in state aid from your 2010-11 amounts. This guidance is for planning purposes only and is no indication of the final state aid allocation for 2011-12. The latter will be provided to districts following the Governor’s budget message.
(Courtesy of NJ Spotlight)