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School District To Receive 38 Percent Increase In State Aid For FY 2024

March 3, 2023 Board of Education Taxes, School Board

STATE AID INCREASE – Schools Superintendent John Ravally said the increase in state aid is “timely.” (File photo.)

The Franklin Township school district is targeted to receive more than $21 million in state aid for its K-12 program in Fiscal Year 2024, a nearly 38 percent increase in the amount it received for Fiscal Year 2023, according to figures recently released by the state Department of Education.

The district is also slated to receive more than $9 million in preschool aid, about a $1.3 million increase over last year’s aid, according to the figures.

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