How did a top New Jersey school district end up nearly $20 million in debt?

Name: How did a top New Jersey school district end up nearly $20 million in debt?
Uploaded: 2025-10-27T22:01:45Z
Duration: 3 min 24 s
Description: Montclair’s new superintendent says she uncovered a massive budget shortfall that could leave more than 100 school employees jobless by year’s end. Now, residents face a tough choice — raise already sky-high property taxes or risk deep cuts to the town’s prized public schools. FOX 5 NY’s Sharon Crowley reports.

Montclair’s new superintendent says she uncovered a massive budget shortfall that could leave more than 100 school employees jobless by year’s end. Now, residents face a tough choice — raise already sky-high property taxes or risk deep cuts to the town’s prized public schools. FOX 5 NY’s Sharon Crowley reports.

Posted October 27, 2025 6:01pm EDT