Hoboken School District To Receive $10.5M in State Aid
The number is an 8 percent increase compared to the 2012-2013 school year.
State aid to the Hoboken school district is up about $800,000 for the 2013-2014 school year, according to the numbers released by the New Jersey Department of Education.
But, said Superintendent of Schools Dr. Mark Toback, it's too soon to tell if that will have the desired effect on the budget, since it's still unclear how much of the budget will have to be allocated to the local charter schools.
This year's state aid to the Hoboken school district is $10,527,645, an 8 percent increase compared to last year's $9,717,346.
Last year, Toback said, the district saw a $400,000 increase in state aid, which was then off set by a roughly $800,000 allocation to the charter schools. How much has to be paid to the charter schools is mandated by the state and depends on enrollment figures.
Toback said he is a proponent of the charter schools receiving state aid from directly from the state, rather than from their local districts.
HoLa, the Spanish language charter school, has added one additional grade to the school this year, but other than that charter school enrollement seemed to have remained flat.