The Record is reporting that New Jersey will not make the January 19th deadline for the first round of Race To The Top funds. A Christie Administration spokeswoman said, “The current administration made clear that they were completely unready. We are extremely disappointed that the Corzine administration was wholly unprepared to meet a January deadline.” In response, a spokesperson for Ed Commissioner Lucille Davy said, “Since the new administration is taking over, they will be the ones who have to administer whatever the big idea is and it may be that their priorities might not mesh with ours.”

Take your choice. It’s unclear how much money will be left for the second round of applications in June. The only other state transitioning to a new governor is Virginia, which will get in its application in on time.