The formula for funding the North Hunterdon-Voorhees Regional High School District and the tax sharing among its 12 municipalities are strictly governed by New Jersey Education Law.  This formula is not determined by the high school district; in New Jersey, Boards of Education have no taxing authority.  The State’s philosophy is that each sending district funds its educational capital and operating expenses based on the property wealth of its member municipalities.  In the case of North Hunterdon-Voorhees district, the State’s tax formula is based on the combined equalized property values and student enrollment in each of the school district’s 12 municipalities.  Please click here to read more about how the formula is calculated.