TOWNS AND SCHOOL DISTRICTS LIKELY TO RECIEVE NO ADDITIONAL AID NEXT YEAR

State officials are letting municipalities and school districts know, funding increases are unlikely. State treasurer Andrew Sidamon-Eristoff said in an interview that Gov. Chris Christie has yet to truly tackle the $11 billion budget hole for the next fiscal year, but that aid to local schools and towns will likely not increase. Local mayor’s are hoping the legislature can come to some compromise on the “tool kit” bills that will help enable them to keep spending down.