Princeton Township Public Schools offers a template on what will most likely occur across many districts on the heels of Gov. Christie’s budget: an effort by school boards to cajole local unions into accepting contract concessions. With cuts of up to 5% of total school budgets, increases in health benefits, and annual salary increases ranging in the mid-4%, there’s no other way to find the money. Other costs – supplies, utilities, transportation – are not fungible.
A few quick facts about Princeton, a 3,500-student school district with sky-high test scores. The annual cost per pupil there is $18,340 compared to a state average of $15,168. (These are 2008-2009 figures from the state database.) The median teacher salary is $69,829 plus benefits. The state median salary is $59,545 plus benefits. Costs of benefits in Princeton come to 23% of each teacher’s salary.
Princeton’s “User Friendly Budget“.