Nobody downloaded yet

School Finance in New Jersey - Essay Example

Comments (0) Cite this document
School Finance in New Jersey School Affiliation: Ratables for the 2006 School Year in New Jersey Ratables can be defined as the amount income earned over a certain period through exchange of products and services; an income that is subject to taxation…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.3% of users find it useful
School Finance in New Jersey
Read TextPreview

Extract of sample "School Finance in New Jersey"

Download file to see previous pages Free education for students who come from poor neighborhoods set a leveled ground for employment and competition in a knowledge-driven market. Other private universities and schools receive income from; school fees, selling and leasing commodities, real estate business, foreign corporate equities, debt securities, treasury securities, corporate bonds, common stock and mortgage-backed securities1. In New Jersey, tax levied on the property is $1 for every $100 of assessed taxable value. The tax bill paid by schools in the district is calculated using a general tax rate of 0.03758 (New Jersey State, 2012). A property that has an assessed value of $200,000 pays a tax bill of $7,516. This is the total amount of $1 for every $100 in the value of the property2. The greatest financial challenge facing the school district in New Jersey is the freezing of financial aid that assists the public schools. The state froze this aid under the federal and state mandate. Due to this freezing legislation, the level of student enrollment and costs of learning and property are on the increase. Also, it has led to a loss of about $846 million that was allocated for school finance New Jersey state (New Jersey School Board Association, 2010). Other financial challenges include schools that are waiting for the funding of construction of educational facilities. This delays educational development in the school district. New Jersey experiences shortage of education, technology, world languages, Math, preschool and science teachers. New Jersey state legislation has focused on increasing the property tax to cater for free education, but the 2008 financial crisis cast a dark shade on the growth of free education system in the district because the government and federal funding was cut due to the crisis, and a slow but developing economy. Roles of Principals in Budget Development School principals are the leaders in New Jersey school system. They not only communicate with teachers and students, but also plan for school facilities, educational trips and advanced learning system. The principals record the number of certified teachers in their schools and the amount of salaries and other benefits they are paid. Salaries and benefits for assisting, substitute and relief teachers are also recorded and included in the budget. The principal records the number of classroom and cafeteria supplies as well as the materials needed. New Jersey State gives principals $2,000 as budget guidance for supplies and materials (New Jersey Department of Education, 2006). Technology costs are included in the budget for improvement of computer usage in classrooms. Principals budget for new classrooms that require furniture, computers and academic supplies among others. The total amount of funds for start-up classrooms in New Jersey is $14,450.3 Field trips are organized by teachers, but the principal takes the initiative to issue funds and budget for them in advance. Management salaries and benefits are also calculated and recorded in the budget. The Self-Sufficiency School Principals Principals in New Jersey State are given the freedom and respect to manage their own budget system in accordance with state legislation. It is extremely essential for principals to manage their own budgets because different public and private schools have their own unique setting in terms of educational constructions, equipment and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“School Finance in New Jersey Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved de
(School Finance in New Jersey Essay Example | Topics and Well Written Essays - 750 Words)
“School Finance in New Jersey Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF School Finance in New Jersey

City of Newark, New Jersey

...? of Newark, New Jersey of Newark, NJ: The Gateway Brick Introduction The of Newark is among the most important cities in the State of New Jersey and its administrative role as the seat of the Essex County illustrates its significance. Also known as the Gateway City or the Brick City, it has a history dating back to the 17th Century, when a number of Connecticut families settled there forming a small village (Mumford, 2007). Led by the legendary Captain Robert Treat, the settlers comprising of about 30 families influenced settlement patterns largely due to their strict religious values. Old English religion, commonly referred to as Puritan Congregational Church influenced...
11 Pages(2750 words)Research Paper

New Jersey Historic Site Paper

...?The history of the of New Jersey goes down to ancient times, with the first people inhabiting this territory being Delaware Indians. They spoke an Algonquian dialect and lived in the area of New Jersey and Pennsylvania when first European explorers arrived. Europeans called them Delaware, which means “original people” or “genuine people”. The first European Explorer Giovanni de Verrazano sailed along the coast and anchored at Sandy Hook. Later on, in 1609 Henry Hudson sailed through Newark Bay and claimed some lands for Netherlands. This was the beginning of colonization history of New Jersey. Eventually, British took control over the...
6 Pages(1500 words)Essay

Extended School Year in New Jersey, Delaware, and Pennsylvannia

...?Extended School Year in New Jersey, Delaware and Pennsylvania Background A longer school year has been suggested time and again and more serious debates on this issue are gaining prominence in educational circles. The amount of time spent in schools by children in the United States in comparison to the time spent by children in other countries has assumed greater interest. The National Education Commission on Time and Learning was created by Congress directives in 1991 in order to study the relationship between the time spent and learning acquired by students in U. S. Schools. The final report by this commission was submitted in April...
8 Pages(2000 words)Research Paper

New Jersey State Troopers

...? New Jersey Trooper Police officers have greater power over individual citizens under the law when it comes to security matters. Modern democracy commits to an accountable and reliable police service. However, the reactions that come to some individuals on police conduct are a wonder what they have done wrong this time. Police officers command authority, and they exercise their duties promptly irrespective of whether an individual respects or dislikes the authority. After all, they are just doing their job. Therefore, the public must be aware that challenging this authority has its consequences. Policing involves decision-making. Decisions such as stopping, arresting, searching and even questioning is...
3 Pages(750 words)Research Paper

Community Assessment: Montclair, New Jersey

...Community Assessment: Montclair, New Jersey By comparing to national rate, the morbidity and mortality rate in Montclair community is considerably high. The population rate among the Montclair community has been decreasing systematically over the years. The 2010 census confirmed a decrease in population from 38, 977 people in 2000 to 37,699 people in ten years period. The mortality rate is also reported to be high among people aged between 25-44 years. The primary causes of death in Montclair community is excessive drug abuse, lack of adequate healthcare facilities, poor sanitation and other social amenities, HIV/AIDS epidemic and other chronic diseases such as diabetes and cancer. The state or...
7 Pages(1750 words)Essay

New Jersey Health Care

...New Jersey Health Care New Jersey has a mandatory overtime law for a number of reasons. According to the State of New Jersey (n.d), Workers in a health institution are not allowed to work overtime so that they can protect and maintain their physical conditions in regard to fitness, competence, their overall welfare, and also ensure that they maintain the health and safety of their clients. An example of an unforeseeable emergent circumstance whereby a nurse may be required to work overtime is an accident such as a terrorist attack. In such a case, a health institution may have more patients reporting with serious injuries than the...
1 Pages(250 words)Assignment

Apperendi V. New Jersey

... Apprendi v. New Jersey The case of Apprendi v. New Jersey 530 U.S. 466, 120 S. Ct, 2348 U.S involved a racially motivated crime whereby the sentence was deemed above the normal sentence that the accused could have received (Reuters, 2). Apprendi had pleaded to shooting someone else and the evidence available pointed to the fact that the shooting had been racially motivated on the part of the criminal defendant and under New Jersey hates crime laws, he was handed an enhanced sentence that was well above the sentence that he could have received for similar crime. The issue therefore in this case was whether the Due Process Clause as contained in the Fourth Amendment of the U.S Constitution that requires that a factual determination... ...
1 Pages(250 words)Assignment

Apperendi V. New Jersey

... Due Apprendi v. New Jersey Apprendi v. New Jersey is a Supreme Court case decided in 2000. The case is cited as 530 U.S. 466, 120 S. Ct. 2348, 147 L. Ed. 2d 435, 2000 U.S. The case is about aggravation of factors in crime. The case was determined by a trial judge in New Jersey but was appealed on grounds that the judge did not prove beyond reasonable doubt that the defendant committed a racially-motivated crime. Apprendi is convicted for firing multiple shots into the home of an African- American family on December 22, 1994. The petitioner recorded a statement with police arguing that he did so because he did not want the black family in the neighborhood. However, he later retracted the statement. During trial, the judge found... that the...
1 Pages(250 words)Assignment

New Jersey City University

...Dear Sir or Madam, With this letter I would like to express my interest in studying at the New Jersey My is Sur and I am currently finishing high school in the United States. Since early childhood I was greatly interested in pediatricians, as it works with preventive medicine. Nutrition, as well as the health in early childhood seemed for me to be crucial for length and quality of my life later on. That experience gave me the understanding that my area interests are children`s healthcare system. That is why as for now I need to choose most suitable pediatrician studying program, which will give me an opportunity to help other children, as well as to develop my skills and personality....
1 Pages(250 words)Admission/Application Essay

New Jersey vs. Virginia

...Comparison- New Jersey vs. Virginia al Affiliation) Introduction New Jersey The United s of America has 50 states, and New Jersey is one of them. New Jersey is a small northeastern state with some 209 kilometers of Atlantic coastline. New Jersey has 21 counties. Many of New Jersey counties are considered part of New York City and metropolitan area. Gov. Philip Carteret organized New Jersey as an English colony. Garden State is the nickname of New Jersey....
7 Pages(1750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic School Finance in New Jersey for FREE!

Contact Us