Quality Public Education for All New Jersey Students

 

 
     6-24-11 Democrat Budget Proposal brings aid to all districts
     4-29-11 BOOMERANG! Near 80 per cent of School Budgets Passed in Wednesday'sSchool Elections
     4-21-11 Supreme Court hears school funding argument
     4-14-11 Governor Releases Legislation to Address Education Reform Package
     4-8-11 Education Issues in the News
     4-7-11 Early news coverage & press releases - Governor's Brooking Inst. presentation on his education reform agenda
     3-25-11 Education Week on School Cutbacks Around The Nation
     2-7-11 Education - and Controversy - in the News
     12-5-10 Sunday News - Education-related Issues
     10-8-10 Education Issue in the News
     9-1-10 Education in the News
     8-27-10 later morning - breaking news: Statehouse Bureau ‘Gov. Chris Christie fires N.J. schools chief Bret Schundler’
     8-27-10 Star Ledger ‘U.S. officials refute Christie on attempt to fix Race to the Top application during presentation’
     8-25-10 Race to the Top articles - the 'day after' news analysis
     8-16-10 Senate Education hears 'for discussion only' comments re expanding charter school authorization process; Commissioner Schundler relays education priorities to the Committee
     8-13-10 East Brunswick Public School seeks stay on Hatikvah Charter School opening this fall (re: Hatikvah not meeting minimum enrollment requirement)
     7-3-10 Governor Christie and Legislative leaders reached agreement today on a 2% property tax cap with 4 major exemptions
     7-1 and 2- 10 Governor Christie convened the Legislature to address property tax reform
     GSCS On the Scene in Trenton: State Budget poised to pass late Monday...Cap Proposals, Opportunity Scholarship Act in Limbo
     6-28-10 State Budget tops the news today
     GSCS On the Scene in Trenton: Cap Proposals, Opportunity Scholarship Act in Limbo
     6-23-10 Trenton News: State Budget on the move...Education Issues
     6-11-10 In the News: State Budget moving ahead on schedule
     6-10-10 Op-Ed in Trenton Times Sunday June 6 2010
     6-8-10 Education issues in the news today - including 'hold' on pension reform, round two
     6-8-10 (posted) Education & Related Issues in the News
     6-4-10 Education News
     4-23-10 Education issues remain headline news
     4-22-10 School Elections - in the News Today
     4-6-10 'Gov. Chris Chrisite extends dealdine for teacher salary concessions'
     4-6-10 'NJ school layoffs, program cuts boost attention to Apri 20 votes
     4-2-10 Press of Atlantic City lists county impact re: school aid reduction
     4-2-10 'On Titanic, NJEA isn't King of the World'
     4-1-10 Courier Post article reports on Burlington and Camden County district budgets
     4-1-10 Education in the News today
     4-1-10 New Initiatives outlined to encourage wage freezes - reaction
     3-30-10 Race to the Top winners helped by local buy-in
     3-29-10 The Record and Asbury Park Press - Editorials
     3-26-10 School Aid, Budget Shortfall - Impt Related Issues = Front Page News
     3-23-10 ' N.J. Gov. Chris Christie signs pension, benefits changes for state employees'
     3-23-10 State Budget Issues in the News
     3-17-10 Budget News - Gov. Chris Christie proposes sacrifices
     3-17-10 Budget News - NJ Schools Stunned By Cuts
     3-14-10 'Christie will propose constitutional amendment to cap tax hikes in N.J. budget'
     3-4-10 'School aid cuts unavoidable during NJ budget crisis'
     3-3-10 'Public Education in N.J.: Acting NJ Comm of Educ Bret Schundler says 'Opportunity'
     2-26-10 'NJ average property taxes grow 3.3 percent to an average of $7,300'
     2-24-10 'Tight funds raise class sizes that districts long sought to cut'
     2-22-10 Christie and unions poised to do batttle over budget cuts'
     2-19-10 'Acting NJ education commissioner hoping other savings can ward off cuts'
     2-22-10 Trenton Active Today
     2-16-10 'Christie Adopts Corzine Cuts, Then Some'
     1-29-10 Schools in the News
     1-20-10 'N.J. files application for federal Race to the Top education money'
     1-20-10 Editorials, Commentary on New Governor in Trenton
     1-15-10 Education News-Race to the Top incentives, NCLB annual results, supermajority vote upheld
     1-14-10 'N.J. Gov.-elect Christie targets teachers' union with Schundler appointment'
     1-14-10 'To lead schools, Christie picks voucher advocate'
     1-13-10 More articles, plus Wikipedia information re New Education Commissioner, Bret Schundler
     1-13-10 More articles + Wikipedia information re New Education Commissioner, Bret Schundler
     1-13-10 Christie Press Conference reports
     1-12-10 Change in Trenton
     1-6-10 Race to the Top Plans on the move, not without conflict
     12-23-09 Press of Atlantic City - 'Corzine forms panel to aid nonpublic schools'
     1-5-10 News articles re: lame duck
     1-4-10 'Last Call for Lame Ducks in Trenton'
     1-5-10 Update on January 4 Lame Duck Session
     12-28-09 Education Week 'Race to Top' Driving Policy Action Across States
     12-27-09 'New Jersey competes for education reform stimulus money' (aka 'Race to the Top' funds)
     12-20-09 Education in the News
     12-12 & 13-09 Education Issues in the News
     11-29-09 Ramifications - News of NJ's fiscal realities
     11-20-09 'Christie lays down his law for state'
     11-13-09 Education Week on: Gov-elect Christie's Education Agenda; Race to the Top Funds Rules
     11-12-09 Governor-elect Christie names his 10 member transition team
     11-11-09 'Oliver ready for Nov.23 leadership vote, wants up or down vote on marriage equality'
     11-11-09 Christie mum on fiscal emergency declaration
     11-9-09 Edcuation in the News
     11-8-09 News of Note
     11-6-09 News of Note
     11-5-09 Day After the Election News
     11-3-09 ELECTION DAY IS TODAY - SHOW UP AND VOTE FOR THE CANDIDATES OF YOUR CHOICE
     11-2-09 NY Times NJ Governors' race update
     11-4-09 Record low turnout elects Chris Chrisite NJ's Governor
     11-3-09 'Chris Christie wins N.J. governor race'
     11-1-09 Education News of Note
     Education Week on Federal Stimulus Funding Issues
     10-26-09 'High school sports spending grows as budgets get tighter inNew Jersey'
     10-22-09 News of Note
     10-20-09 News of Note
     10-19-09 Education Week 'States felling fiscal pain despite the stimulus'
     10-14-09 'Meetings are just the tip of the iceberg'
     10-7 & 9-09 Gubernatorial Campaign news: Candidates on education; Corzine on next year's state budget
     10-5-09 Gannett: Editorial & Recommendations re: Gubernatorial Campaign Issues '09
     10-4-09 NY Times 'As Property Taxes Become a Real Burden'
     10-2-09 News of Note
     10-1-09 Education Week on Acheivement Gap narrowing; Algebra Testing
     9-30-09 'Attack ads give way to issues as campaign enters final phase'
     9-30-09 Results of School Construction bond referenda rolling in
     9-27-09 Education News of Note
     9-23-09 'Tests changing for special ed students'
     9-16-09 Courier News Editorial
     9-9-09 News of Note
     9-13-09 As an issue for N.J.(Gubernatorial election), schools are in'
     9-3 & 4-09 News of Note
     8-20-09 'Nearly all NJ teachers are highly qualified'
     8-10-09 News of Note
     8-7-09 'Bill would strengthen teacher tenure rights'
     8-4-09 Recent NJ Education News of Note
     7-22-09 'State gives extra aid for schools an extraordinary boost'
     7-16-08 Schools Testing measures adopted; Test scoring upgraded - harder to pass
     7-14-09 Philadelphia Inquirer Editorial
     7-1-09 What's the Buzz: News of Note
     4-23-09 The public shows its support for public education in passing nearly 75 per cent of school budgets statewide
     4-17-09 The $609M Federal Stimulus aid to NJ - initial reactions
     4-19 and 20-09 Editorial and School Elections articles
     3-29-09 Record Editorial on Judge Doyne recommendations
     3-10-09 GOVERNOR TO DELIVER STATE BUDGET MESSAGE TODAY - SCHOOL AID FIGURES TO BE RELEASED BY THURSDAY LATEST
     1-11-09 'Corzine State of State speech to put economy front & center'
     12-28-08 NY Times 'Pension Fight Signals What Lies Ahead'
     12-29-08 NJ to new leaders - Fund our schools
     11-19-08 'Too soon to scrap Abbott'
     11-24-08 Editorial asks for preschool initiative slow down
     11-23-08 State lacks financial incentives to sell concept of school mergers
     9-24-08 Editorials re High School Redesign issues
     9-24-08 Commissioner of Education at Assembly Education Committee yesterday
     9-24-08 Supreme Court hearing on constitutionality of School Funding Reform Act
     8-29-08 'Newly hired teachers benefit from Corzine delay'
     8-26-08 What's the Buzz...
     News on the Issues - Stay Informed
     8-15-08 'Superintendents sue education commissioner'
     8-14-07 In the news today
     7-28 &29- 08 Fuel cost crisis impacting school budgets across the nation
     6-13-08 News on Education Committee actions yesterday in Trenton
     6-10-08 NJ lawmakers work on $33B spending plan Tuesday
     6-9-08 GSCS Quick Facts: TRENTON FOCUS THIS WEEK
     6-4-08 In the News
     5-21-08 News Articles & editorial
     4-30-08 'Loophole on town mergers targeted
     4-18 & 4-21-08 RECENT LEGISLATIVE PROPOSALS: 3 MAJOR POLICY CHANGES PROMOTED BY ASSEMBLY SPEAKER ROBERTS
     NEWS EDITORIALS Star Ledger 4-19 & 4-20 Ammo for Abbott Foes & Spending but with Restraint
     Recent news articles of note re: probable 'lame duck ' legislative session issues - to be or not to be- and controversial school construction report
     10-23 Media reports & Trenton responses to date re GSCS Press Conf
     In the news - Corzine on school aid formula & good news for urban schools
     9-13-07Corzine adds school aid to the lame-duck agenda
     Back to School News of Note
     8-10-07 'Standing 'O' greets Corzine as he hosts town hall mtg'
     8-8-07 Editorial 'School [construction] program needs more than a facelift'
     8-2-07 Editorial 'Reliance on property taxes must be fixed'
     8-1-07 'Paterson isn't ready to gain control' & 7-29 'The Numbers still don't add up'
     7-27-07 Retiree health costs 'time bomb'
     7-26-07 'State's tab for retirees' health care is $58B'
     7-25-07 Debate over School Tests
     7-25-07 NY Times '2 NJ school districts regain some local control'
     6-29-07 Lots of news affecting NJ, its schools and communities this week - STATE BUDGET signed - LIST OF LINE ITEM VETOES - US SUPREME CT RULING impacts school desgregation - SPECIAL EDUCATION GROUPS file suit against state
     5-21-07 In Connecticut '2 School Aid Plans Have a Similar Theme'
     5-16-07 Education Week 'Frustration Builds in NJ Funding Debate'
     5-15-07 Grad students tackle school funding issues
     4-18-07 School Budget Vote passed statewide at 78% rate - GSCS take: state aid increases a factored in offsetting property tax increases, thus boosting passing rate by 24.6%, up from last year's passing rate of 53.4%
     4-4-07 News articles, editorial & Op-Ed on bill signings for A1 and A4
     4-4-07 N Y Times, front page 'NJ Pension Fund Endangered by Diverted Billions'
     3-25-07 New York Times on NJ Comparative Spending Guide, more on Gov putting off signing A1, Tax Caps & Rebate bill
     3-16-07 News articles
     3-15-07 State eases at risk aid restrictions & 25% members of NJ Senate retiring (so far)
     3-12-07 This article tells you why you cannot get easy access to legislator votes on-line
     3-8-07 'Education Chief Revamps Department'
     3-1-07 Op Ed piece re 'Super' Superintendent in the CORE Plan
     3-1-07 Emerging Devil showing up in the details
     2-23-07 News Articles re Gov's Budget Proposal
     2-22-07 Gov's Budget Message Link & Related News Articles
     2-22-07 News articles re Governor's Budget Message this morning
     2-21-07 Associated Press 'Codey Affirms More State Aid'
     2-16 to 2-19 News Articles of Note
     2-20-07 Live from the Ledger on-line
     2-21-07 Associated Press - Codey Affrims More School Aid
     2-16 to 2-19 New Articles of Note
     2-15-07 'Parents get boost on special ed rights' Star Ledger
     2-12-07 State School Aid - needed to offset property taxes now
     2-8-07 Editorial - ' Progress, Trenton style'
     2-1-07 Turnpike for sale, Gov - need funding formula, more
     1-23-07 Tax Reform in Trenton?
     1-9-07 Countywide Pilot Program and County 'Super' Superintendent bills held again yesterday, Jan 22 next probable vote date scheduled for these bills
     1-8-07 Articles & Editorial talk about 'missing pieces' of tax reform proposal and note consequences
     1-5-07 Small-town officials protest consolidation
     1-4-07 Gov Corzine & legislative leaders agree on 4% hard cap tied to sliding scale rebates (20% max on down)
     1-3-07 GSCS Member ALERT 'County School bills' fastracked again
     12-19-06 Feedback - articles on school funding heaings yesterday
     12-18-06 Sunday editorials - take of Property Tax session
     12-14-06 Trenton News articles
     11-15-06 The Special Session Jt Committee Reports
     11-19-06 Sunday Press Articles & Commentaries
     11-16-06 Property Tax Proposal news articles
     11-14-06 Direction of Special Session Report Recommendations starting to leak into press articles
     11-13-06 Schools, property taxes fuel debates
     11-11-06 New school funding plan could add $1 billion in aid
     11-10-06 NJ education chief vows urban support
     11-4-06 Senate President & Assembly Speaker 'no new taxes'
     11-1-06 Gannett 'Halved property tax called unrealistic'
     10-31-06 The Record - Property Tax Cut Debated
     10-30-06 NY Times
     10-21-06 Education Data Study Released - how the news is being reported
     10-20-06 Education - study data released
     10-5-06 Conversation on school funding, consolidation continues
     9-25-06 Savings Little -Costs at merged schools similar
     9-20-06 Coverage of the benefits & School Funding Jt Comm hearings 9-19-06
     9-18-06 News Articles re Special Session
     9-15-06 Star Ledger - 3.25B suggested for school construction
     9-7-06 The Record Local Govts Poised to save as co-pays rise
     9-7-06 News re Jt Comm on Consolidation & Shared Services mtg 9-5
     9-6-06 Articles re Jt Comm Hearing yesterday & related school news
     9-4-06 Weekend news articles of note
     8-29-06 School Funding to be reviewed today
     8-29-06 Assoc Press - School Funding to be reviewd today
     8-29-06 Hopewell Valley article re - courtesy busing withdrawal
     8-26-06 'N.J.'s best schools in wealthiest, northern towns'
     8-23-06 Crowd assails changes to state health plan
     8-23-06 Live from the Ledger on-line
     8-20-06 AP 'Property Tax reform bid to shift to overdrive'
     8-22-06 Star Ledger Column & NY Times Editorial
     8-14-06 News Clips
     8-9-06 Special Session Jt Comm on Consolidation of Govt Services meeting 8-8-06
     8-9-06 article re today's Jt Comm on Public Employee Benfits Reform
     8-8-06 NY Times Public Pension Plans Face Billions in Shortage
     7-25-06 Associated Press Prop Tax Q & A
     7-18-06 Live from the Ledger
     7-16-06 (thru 7-21-06) Bergen Record series investigate cost of NJ public services & property tax link
     7-16-06 Bergen Record series investigate cost of NJ public services & property tax link
     7-12-06 Column on State Budget legislator items
     7-12-06 Statehouse starts talking specifics about property tax reform
     7-13-06 Articles - Property tax issues, teacher salaries, voucher suit filing
     6-30-06 State Budget news - as the dissonance must be resolved
     6-29-06 Mirroring the elements, State Budget looking like a 'natural disaster'
     6-25-06 State Budget issues: legislative branches conflict - news articles
     6-21-06 Star Ledger - Washington DC Bureau re graduation rates & quality education
     6-20-06 News articles re State Budget FY07
     6-15-06 Star Ledger, Gannet articles- Abbott advocates demand school reform at educ. dept
     6-14-06 Assembly Minority Budget Leader Joe Malone's Op Ed
     Editorial on benefit of using UEZ surplus for spec educ aid for this year
     6-12-06 News Clips
     Weekend News Clips re Property Tax & School Funding issues
     6-9-06 Star Ledger ' Salary review bill hits roadblock'
     6-7-06 News Articles re Leg Summer Session work on Property Taxes
     6-6-06 Star Ledger re Special Summer Session
     6-5-06 Editorials on school funding & State Budget articles
     6-1-06 Star Ledger Thursday article on GSCS Annl Mtg
     5-30-06 News Articles
     5-21-06 Sunday Courier Post on Schools' hiring
     5-23-06 News Articles
     5-23-06 AP 'Codey to propose school ballott change'
     5-14-06N Y Times 'For school budgets the new word is NO'
     5-17-06 Trenton Times - School Aid, budget dominate forum
     5-16-06 News fromTrenton
     5-10-06 A Lot is going on - Major News fromTrenton
     News articles re even less state revenue & SCI scapegoating
     5-5-06 News articles Gannett and Courier Post
     One example of schools consolidating services
     4-16-06 Courier Post
     4-16-06 Star Ledger editorial & article re Gov v. Abbott from 4-15-06
     4-16-06 Sunday NY Times Metro Section, front page
     40-16-06 Gannett & Asbury Park Press on School Budget election issues
     4-13-06 'Budget cap puts NJ schools on edge'
     4-7-07 The Record
     3-31-06 AP 'Budget idea puts onus on income taxes, businesses'
     3-28-06 NY Times re Texas school finance case
     3-25-06 Press of Atlantic City
     3-29-06 News Articles on State Budget testimony before the Assembly Budget Comm. yesterday in Collingswood
     3-29-06 News Articles on State Budget testimony in Collingswood 3-28-06
     3-10-06 Star Ledger 'Time is ripe for poorer districts to contribute.
     3-22-06 News Article sampling on Governor's Proposed FY07 Budget
     3-19-06 Millville, Vineland may lose Abbott status
     3-19-06 Sunday News Articles on State Budget
     3-15-06 News articles on FY07
     3-15-06 NY Times 'Crisis at School Agency Reflects Missteps'
     3-10-06 News articles GSCS related issues
     3-7-06 More articles on the Gov's Budget Summit and School Board members fo to Trenton
     2-14-06 TrentonTimes Letter to the Editor on school construction
     2-11-06 Trenton Timesn'NJ State Budget has little wiggle room'
     2-9-06 Star Ledger School agency reformers discuss goals, problems
     2-10-06 Star Ledger editorial re void of credible & useful data at Department of Education
     FUNDING HISTORY - May 27 1998 - Education Week article re Abbott V - funding above parity
     1-26-06 New York Times article re public schools fundraising for private support
     1-25-06 Star Ledger 'School District's Woes Point to Rising Tax Resistance'
     1-24-06 Asbury Park Press 'Funding sparks heated debate'
     1-15-06 Sunday Star Ledger front page on Property Taxes
     1-12-06 Star Ledger 'Lawmaker pushes tax relief plan'
     1-12-06StarLedger 'Lawmaker pushes his tax relief plan'
     1-11-06 Star Ledger - Corzine Casts Wide Net for Cabinet
     1-6 thru 1-9-06 articles on Lameduck session and School Construction
     1-5-06 Monmouth county article on S1701 ramifications,examples - hitting hard at home
     1-1-06 Press of Atlantic City
     12-30-05 School Construction and Education Funding news clips
     12-20-05 Star Ledger on NJ Supreme Court decision on stalled school construction
     12-20-05 Star Ledger 'Schools lower the heat and risk a backlash'
     12-20-05 Star Ledger
     12-20-05 The Record 'Where Will the Bills End?' NJ Supreme Court releases its opinion on stalled school construction program.
     12-14-05 Asbury ParkPress Editorial 'Re-assess the ABC's of School Funding' notes the Governor's role is critical to make positive change
     12-16-05 Star Ledger Schools may end courtesy busing, tied to S1701 budget stressors
     12-16-05 News articles of note
     Trenton Times 6-25-05 State Budget FY06 and Democrat Tensions
     Activists Hope to Revive School Funding Issue
     12-15-05 Star Ledger School bond plans get resounding 'no'
     Time Magazine
     12-10-05 Star Ledger Schools might get heating help as bill gains on spending caps
     On Star Ledger
     12-8-05 Asbury Park Press Mom takes up the torch for school funding
     12-5-05 Governor-elect Corzine selects policy advisory groups
     11-28-05 Star Ledger 'It's Lame-duck time in Trenton'
     11-20-05 Sunday Star Ledger 'Corzine's risky promise to taxpayers
     The Record 11-18-05 Corzine's tax fix to mean 'pain'
     11-17-05 Trenton Times 'Education Chief announces testing overhaul'
     11-15-05 N Y Times article
     11-13-05 Star Ledger Sunday front page 'Blueprint for 6 Billion Dollar Boondagle
     11-14-05 The Record Herb Jackson on Whitman experience a lesson for Corzine
     11-11-05 Trenton Times Corzine puts property taxes at the top of his agenda
     11-9-05 The Record - Governor Elect can't claim a mandate
     Assoc. Press NJ 6-10-05 Codey Brokering Deal on Tax Convention
     Gubernatorial Candidates' Education Plans announced September 05
     November 9 The Trenton Times - Corzine Triumphs
     November 7 YOUR VOTE TOMORROW COUNTS ... Some news articles worth reading
     11-4-05 Star Ledger State Board of Education calls for revamping school funding
     10-23-05 Sunda Star Ledger article on how property taxes work
     10-4-05 Trenton Times NJ may replenish school building fund.
     10-16-05 Sunday Star Ledger & Gannet news articles on gubernatorial candidates take on important issues related to public education issues
     10-19-05 Courier Post-Gannett article on Gubernatorial Debate
     Groups Seek Attention from Candidates 10-12-05
     10-6-05 and 10-12-05 Forrester v. Corzine, Corzine v. Forrester articles
     10-4-05 Trenton Times School Construction fund may be replenished
     9-29-05 Star Ledger 'NJ in hole for $53M after vote on school funds promised for construction
     9-26-05 Star Ledger School Construction Making the Grade is Now Up to the Voters
     9-22-05 Some news articles on the press conference - Gannett and Star Ledger
     9-23-05 Star Ledger School Construction on next Tuesday's bond referenda
     9-12-05 Associated Press Rutgers initiates new education institute
     9-9-05 Trenton Times,Corzine Education Agenda
     9-9-05 Asbury Park Press Corzine plans 25M education agenda
     Star Ledger 9-9-05 Soaring gas costs result in towns asking for cap relief
     Star Ledger 8-31-05: Though few, new schools open doors for kids
     8-19-05 Head of School Construction Agency Resigns Abruptly, Compounding Agency Turmoil
     Trenton Times 8-12-05 School funding sought
     Star Ledger Front Page 8-16-02 School districts run for school construction aid
     Herb Jackson Column 7-18-05 Budget 'cuts' more a case of creative math
     Herb Jackson Column 7-18-05 Budget 'cuts' more a case of creative math
     The Record 'get's it' Read Editorial 7-14-05
     Star Ledger 7-13-05 Codey Puts Constitutional Convention on Hole
     The Record7-10-05 Sunday Front Page Must Read
     Star Ledger 7-7-05 Local school officials told state may not provide promised construction funding
     The Record 7-3-05 State Budget Doles Out Money
     The Record 7-4-05 Rebates safe, but tax problem not nearer solution
     The Check it out - Press of Atlantic City 7-6-05 Education Funds lie in Budget Fine Print
     Star Ledger 7-2-05 Late Night Budget Passes
     The Record 7-2-05 State Budget Passes
     Gannet 7-2-05 State Budget and School Aid
     Asbury Park Press 6-28-05 Senate Passes $20M for 5 school districts
     Philadelphia Inquirer 6-30-05 Dueling Budgets Will Miss Deadline
     Asbury Park Press 6-30-05 No Consensus in Trenton on Spending Plan
     Trenton Times 6-30-05 School Construction Review Panel Formed
     Star Ledger 6-30-05 State Budget Finale on Hold
     Star Ledger 6-29-05 Bid to Save Tax Rebates Imperils NJ Budget
     The Record 6-29-05 Tax Plan Quitely Dying
     Trenton Times 6-25-05 State Budget and Democrat Tensions
     Star Ledger 6-17-05 Seniors want tax convention, Senate prefers Special Session
     050618 Press of Atlantic City 'Activists Look to Revisit School Funding Issue
     6-16-05 Philadelphia Inquirer Commission Librera Releases Abbott Designation Report
     Star Ledger 6-4-05 GSCS Annual Meeting Forrester & Schundler
     Assoc. Press NJ 6-10-05 Codey Brokering Deal on Tax Convention
     Star Ledger 6-14-05 Legislators Assail School Building Agency at Hearing
     Star Ledger 6-13-05 Legislators Assail School Construction Corp
     Trenton Times 6-10-05 Rebate Debate on Budget for FY06
     Star Ledger June 3 2005 Advance article, Annual Meeting noted
     Gannet on Annual Meeting 6-4-05 Forrester, Schundler Address School Concerns
     Gannet on Annual Meeting 6-4-05 Candidates Address School Concerns
     Assocated Press, In the Homestrech Forrester and Schundler Talk Education
     Class Sizes Disappoint Glen Ridge Parents
     SCC reforms underway 'Jump Starting the Effort to build New Schools' Star Ledger May26 2005.
     Trenton Times 5-24-05 Codey Plans for Less Pain in Budget
     Preliminary School Election Results from NJ Dept of Education
     Jersey Journal article
     State Health Benefit Plan Star Ledger 4-8-05
     Taxes, ire both on rise
     NJ lawmakers want the state to join education law protest
     Panel Tells of Referenda Woes
     GSCS Parent Leader Molly Emiliani-Livingston & GSCS Director Lynne Strickland present to Pennsylvania Bucks County
     Hopewell valley School Board Approves $63M Budget
     Schools will seek Extra Funding
     Rebate Panic
     Lack of funds amid surplus of concerns
     Enrollment Dip Hurts Special Schools
     Costly School Site Fiasco Spurs Assembly Measure
     Teacher Seeks Family to Fight Abbott Rulings
     Panel OKs Constitutional Convention on Tax Reform
     Jersey Halts New Pacts for School Construction
     Schools Face Enrollment, Aid Dilemma
     Cut is sought in Abbott District Aid
     Local News - Cuts plentiful in NJ budget proposal
     Amid probe, agency to cut school costs
     Acting governor faces tough sledding on deficit
     Parents Give Cody an Earful
     Courier Post Online
     Article Mt Laurel GSCS Summit 2-10-05
     Bill to loosen school budgets altered
     WNBC Interview
     Educators urge parents to fight school spending cap
     Assembly Panel Weighs Plan for a Property Tax Convention
     Tax-reform debate takes sharp turn
     School funding plan gets OK from panel
     Legislature Acts to Revamp School Spending Caps
     Educators to Argue for Repeal of Cap Law
     State must devise tests to comply with No Child Left Behind
4-4-07 N Y Times, front page 'NJ Pension Fund Endangered by Diverted Billions'
NEW YORK TIMES, front page top right, April 4, 2007 N.J. Pension Fund Endangered by Diverted Billions

"...But an analysis of its records by The New York Times shows that in many cases, New Jersey has overstated even what it has claimed to be contributing, sometimes by hundreds of millions of dollars..."

"...It has enough to pay retirees for several years, but without big contributions, paid for by cuts elsewhere in the state’s programs, higher taxes or another source, the fund could soon be caught in a downward spiral that could devastate the state’s fiscal health...."

The Times’s examination of New Jersey’s pension fund showed that officials have taken questionable steps again and again..."

NEW YORK TIMES, front page top right, April 4, 2007

N.J. Pension Fund Endangered by Diverted Billions

By MARY WILLIAMS WALSH

Graphic

Recycled Money

In 2005, New Jersey put either $551 million, $56 million or nothing into its pension fund for teachers. All three figures appeared in various state documents — though the state now says that the actual amount was zero.

The phantom contribution is just one indication that New Jersey has been diverting billions of dollars from its pension fund for state and local workers into other government purposes over the last 15 years, using a variety of unorthodox transactions authorized by the Legislature and by governors from both political parties.

The state has long acknowledged that it has been putting less money into the pension fund than it should. But an analysis of its records by The New York Times shows that in many cases, New Jersey has overstated even what it has claimed to be contributing, sometimes by hundreds of millions of dollars.

The discrepancies raise questions about how much money is really in the New Jersey pension fund, which industry statistics show to be the ninth largest in the nation’s public sector, with reported assets of $79 billion.

State officials say the fund is in dire shape, with a serious deficit. It has enough to pay retirees for several years, but without big contributions, paid for by cuts elsewhere in the state’s programs, higher taxes or another source, the fund could soon be caught in a downward spiral that could devastate the state’s fiscal health. Under its Constitution, New Jersey cannot reduce earned pension benefits.

The Times’s examination of New Jersey’s pension fund showed that officials have taken questionable steps again and again. The state recorded investment gains immediately when the markets were up, for instance, then delayed recording losses when the markets were down. It reported money to pay for health care costs as contributions to the pension fund, though that money would soon flow out of the fund. It claimed it had “excess” assets that allowed it to divert required pension contributions to other uses, like providing financial assistance to poor school districts.

Frederick J. Beaver, director of the Division of Pensions and Benefits in the New Jersey Treasury Department, pointed out that other places had taken similar steps occasionally when dealing with a budget crunch, but acknowledged that New Jersey was unusual. “The problem we had was doing it on a repeat basis,” he said.

An in-depth look at the reporting discrepancies for the teachers’ fund, which covers about 155,000 current teachers and 65,000 retirees, shows how the system ran awry over many years, using many questionable practices.

New Jersey recorded the $551 million contribution for the 2005 fiscal year in a bond offering statement at the end of last year. The $56 million figure appeared in an audited financial statement for the fund.

Treasury officials said that everything had been done legally. But they confirmed in a recent interview that the correct amount for that year’s pension contribution was zero, which appeared in an actuarial report. They explained that the conflicting figures elsewhere had been inflated by other items, like health care contributions.

If New Jersey violated federal securities, tax or other rules, it could be forced to make up some of the contributions. The Internal Revenue Service has very specific rules against mixing pension money with money for other uses, like health care. Federal securities law also requires bond issuers to provide complete and accurate financial information.

The New Jersey Education Association has sued the state for failing to put enough money into the teachers’ pension fund. The lawsuit does not describe all the accounting maneuvers, but a State Superior Court judge has held that the case, now scheduled for trial in May, can proceed.

State law requires New Jersey’s seven pension plans, large and small, for various types of public employees, to be funded according to actuarial standards. Over the last decade, though, the Legislature has passed, and various governors have signed, a series of amendments to statutes that allow smaller contributions or none. These were justified by various maneuvers and approved with little scrutiny. In interviews, officials of the Treasury said the changes were made at the behest of the Legislature, while legislators faulted the Treasury.

Donald T. DiFrancesco, the acting governor in 2001, when the Legislature approved an expensive pension increase for teachers and other state employees, said he recalled that “people thought it was good public policy,” devised to attract the best people. He said he did not think the measure was considered financially unsound and did not recall anyone challenging it or calling it improper.

The state’s practices have nevertheless left its retirement system in a much more perilous condition than is widely understood.

“If people ran their households like this, they’d be in bankruptcy,” said Lynn E. Turner, a former chief accountant for the Securities and Exchange Commission. “If businesses did, the best example is the old steel mills when they got so far behind and didn’t fund their pensions as they should have. It tipped them into bankruptcy.”

A Governor Seeks Changes

Since taking office in January 2006, Gov. Jon S. Corzine, a former chairman of Goldman Sachs, has been warning that the pension fund is in worse shape than people may realize. “It’s impossible for us to stay on the course that we are on today, and deliver what people are asking for,” he said in an interview late last year. “The money will not be there.”

Governor Corzine has succeeded in getting the Legislature to contribute more to the pension fund, though not enough to meet its future obligations. There appears to be too little money to both restore the pension fund and fulfill the popular promise of property-tax relief without cutting services to an unacceptable level.

Governor Corzine has also pressed to raise the retirement age, increase employee contributions and to institute other changes to stem the growth of future costs. Now his administration is studying novel steps, like the sale of the New Jersey Turnpike.

Such strategies carry risks of their own. If the Corzine administration sells a big asset without first correcting the system’s entrenched problems, the new money could disappear into other government operations, too.

“When you sell the assets of the state, you’d better not use them for current spending. You’re eating your seed corn,” said Douglas A. Love, a member of the system’s investment oversight board. Mr. Love recently completed a calculation showing that the fund had not measured its future liabilities properly and estimated it had a $56 billion deficit, much higher than the $18 billion that the state had reported. Of course, the deficit could be greater if the assets have been inflated.

Increasing Federal Scrutiny

New Jersey’s situation may be extreme, but some other state and city governments will come under pressure in the coming years as longtime public workers retire in large numbers and the true cost of their benefit plans becomes more apparent.

The handling of public pension money has not drawn much scrutiny in the past but that is beginning to change. Members of the United States Senate have asked the Government Accountability Office for a review of public pension operations and whether new rules are needed.

The chairman of the Securities and Exchange Commission, Christopher Cox, recently said he wants to step up enforcement in the municipal bond markets and to improve financial reporting. He said he had come to this conclusion after a scandal in San Diego, where officials put false information about the pension fund into bond offering statements. After an investigation, the S.E.C. found it amounted to securities fraud.

The Internal Revenue Service may also be flexing some muscles. It intervened in San Diego after learning that the city was using its pension fund to pay other expenses, like retiree health care costs. The money in pension funds gets preferred tax treatment and must be spent solely on pensions.

Andy Zuckerman, the I.R.S.’s director for employee plans, rulings and agreements, said he could not discuss New Jersey’s situation because of rules on tax confidentiality. But in general, when local laws conflicted with the rules in the tax code, “the federal law applies, period.”

When asked about the discrepancies in the records for New Jersey’s pension plans, Treasury officials who met with two reporters at a conference room at an office building in Trenton last month acknowledged some unusual practices.

“We were not the ultimate decision-makers,” said John D. Megariotis, the deputy director of the Division of Pensions and Benefits. “We were the bean-counters.”

Mr. Megariotis was asked about the reference to the $551 million contribution to the teachers’ pension fund. He said that most of that amount had been the state’s payments for health care benefits.

The items were combined, he said, because New Jersey’s health plan for retired teachers lies within their pension fund. It is not clear whether New Jersey’s practices satisfy I.R.S. rules on the commingling of such assets.

Mr. Beaver, the division’s director since 2003, asked Mr. Megariotis why he had accounted for health care costs that way.

“Those are not my numbers,” Mr. Megariotis, a certified public accountant, responded emphatically. He added that New Jersey would not do it again. Both officials said the numbers had been approved by outside counsel.

As for the $56 million pension contribution listed in the audited financial statements, Mr. Beaver said he preferred the state’s actuarial reports — the ones showing a contribution of zero.

Seizing on $5.3 Billion

To explain the $56 million, though, Mr. Beaver and Mr. Megariotis recounted a bit of history. In 2001, the Legislature voted to increase teachers’ pensions by 9 percent, raising the plan’s total cost by an estimated $3.1 billion. Because New Jersey’s Constitution forbids creating debts without creating a funding source, the lawmakers needed to pay for it. They looked back to June 30, 1999, the height of the bull market.

Records showed that the pension investments were worth $5.3 billion more on that day than the plan’s actuary showed, because actuaries phase in gains and losses slowly to avoid sudden swings in market value. The lawmakers seized on this paper gain of $5.3 billion, and voted to channel it as an actual windfall into a new reserve in the pension fund, to pay for the new benefits.

I.R.S. officials said that a company would not be permitted to do this with a pension fund.

By the time the Legislature did this in 2001, of course, the stock market had tumbled and much of the $5.3 billion had melted away. That appeared not to have concerned the Legislature. An election was looming, and the teachers’ union was complaining bitterly about past failures to put money into their pension fund.

John O. Bennett, the Republican who was co-president of the State Senate in 2001, said the DiFrancesco administration had pushed for the increase and said there would be money to cover it.

“Now history has shown that that hasn’t been the case,” said Mr. Bennett, who abstained from voting on the bill because it also increased the pensions of legislators.

Mr. Beaver, of the Treasury, said he thought the Legislature “went back and rewrote history” when it passed the 2001 bill.

This unusual arrangement did not last long. Two years later, the state needed to make a big contribution to the pension fund as those earlier market declines showed up in its overall value.

Lacking the resources, the state laid claim to the special reserve. The assets were recycled back into the main body of the pension fund — and labeled a state contribution. That was $56 million in one year, Mr. Beaver said pointing to the state’s audited financial report. The state did this three years in a row, until fiscal 2007, when the reserve was empty.

Independent experts said they could not understand how New Jersey could designate this a pension contribution. “It’s a real misnomer,” said Mr. Turner, the former S.E.C. official. “The reality is, there was no new money.”

Because steps like these were taken over many years, it is difficult to judge the accumulated damage to the New Jersey system, experts said.

“It would be a really shocking picture, to show it all in one place, all the money that’s been taken out of the retirement system at precisely the times when the benefits were increased,” said Douglas R. Forrester, who ran New Jersey’s pension fund years ago, in the administration of Thomas H. Kean. In 2005, Mr. Forrester, a Republican, ran for governor against Mr. Corzine.

The state has about $31 billion of long-term debt outstanding, most of it in bonds. But Mr. Forrester said he thought that if all the unfunded debts of the state retirement system were correctly measured and added to that, “you’d get a number that’s about $175 billion.”

“I don’t see how we’re going to get out of this,” he said.

David W. Chen and Jo Craven McGinty contributed reporting.