Hillsborough Schools' State Aid Rises Slightly
Figures announced Thursday show shifting categories of aid.
Hillsborough schools will receive $13,046 more in state aid for the 2013-2014 school year than the current year, according to figures released Thursday.
The district will receive a total of $24,936,812 in state aid, and while the total isn't changing much, the numbers inside the total shift substantially—especially in the amount of aid provided to equalize district spending, based on the township's economic and demographic classification.
The equalization aid for Hillsborough is decreasing by $375,690, but to balance to cut, the district will receive $406,388 in "adjustment aid," provided to assure the district's funding level is adequate for a thorough education.
The equalization aid is the bulk of the state aid, but the district also will receive $552,129 in transportation aid, $4,516,286 for special education and $174,697 for security.
District officials could not be reached for comment on the state aid figures Thursday.