Fund for New Jersey

A non-profit foundation that works to improve public policy decisions in New Jersey says prompt action is needed to provide a high-quality public education for all children in the state.

Former Chief Justice Doborah Portiz chairs the Fund for New Jersey. She’s says it time for the state to give the school districts what they are were promised under the 2008 School Funding formula.

“We need to fully fund SFRA under the formula, not in any transition mode anymore, not with transition funding, but fully fund it.”

A philanthropic foundation says many New Jersey residents struggle with the high costs of housing.

The Fund for New Jersey is making several recommendations to increase the amount of affordable homes.

Staci Berger leads the Housing and Community Development Network of New Jersey. She says one proposed initiative would provide $600 million in tax credits for developers to build affordable housing for working families, seniors, and people with disabilities.

New Jersey is providing more manpower and supplies to help with the emergency response to flooding in Texas caused by Tropical Storm Harvey.

Governor Christie says two Blackhawk helicopters and some National Guard members with experience in Superstorm Sandy recovery efforts are going to Texas, and additional 3500 Guard members could be deployed if necessary.

Christie says New Jersey will do anything Texas officials need.

A private New Jersey foundation that provides public policy grants says poor fiscal decisions are hampering the state's ability to pay for basic needs, and it’s recommending immediate changes.

The Fund for New Jersey says the most critical financial problem is funding the public employee pension system.  Rutgers University professor and fund trustee Henry Coleman says a balanced approach would include limiting retirees' health coverage commensurate with private employers.