Dems’ budget will seek to increase funding for suburban school districts

According to sources, the budget plan that will be introduced next week by Democrats will call for increasing some programs by significant amounts.

Among other things, the proposed budget will seek to do the following:

*Increase education aid to suburban school districts by at least $600 million;

*Restore $1 million in family planning funds (coupled with a $6.5 million federal match);

*Restore approximately $60 million for the “senior freeze” property tax relief program; and

*Restore virtually all Medicaid funding (exact amount not available).

According to the sources, these figures are based on the revenue estimates of the Office of Legislative Services, which earlier this year estimated a revenue windfall of about $914 million.

However, the Treasury Department in May had estimated a revenue windfall of about $511 million.

Earlier today, Democratic legislative leaders huddled over the details of the budget they will propose.

http://www.politickernj.com/48861/dems-budget-proposal-will-aim-restore-funding-uezs-medicaid-other-programs

http://www.politickernj.com/48860/democratic-leaders-meet-budget-agree-concept-they-will-unveil-monday

Dems’ budget will seek to increase funding for suburban school districts