New Jersey Budget 2007: Grants-In-Aid
Note: Dollars in Thousands
Source: New Jersey 2007 Budget in Brief - Page 89
First note there has been no overall reduction in state grants-in-aid and in fact spending on grants have increased by $397.985 million.
The huge $411.9 million increase in spending on the line item simply referred to as “other” should send up the red flag.
The $55.921 million reduction in aid to Rutgers includes an $18,000 million “one-time 2006 grant” (Page 80). One time grants are supposed to be just that, one time. Actual reduction in aid $37.921 million.
The $48.774 million reduction in aid to the UMDNJ includes “one-time 2006 grant” of $28.000 million (Page 80). Actual Reduction in aid $20.744 million.
The $7.519 million reduction in Medicaid Pharmaceutical Assistance is just one area of the state budget benefiting from the new federal Medicare prescription drug program. Cost shifting to federal funds.