New Jersey Education Funding Portal to provide transparency on school funding calculations and aid information.

This bill directs the Department of Education to create a New Jersey Education Funding Portal. The portal will make available to school districts and the public data inputs and calculations used in formulating State school aid. It will include measurements of budgeted local share, district income, equalized valuation, and resident enrollment. The portal will also provide user-friendly explanations of the methodologies used to calculate State funding for special education, security, and transportation aid.

New Jersey Education Funding Portal to provide transparency on school funding calculations and aid information.

This bill directs the Department of Education to create a New Jersey Education Funding Portal. The portal will make available to school districts and the public data inputs and calculations used in formulating State school aid. It will include measurements of budgeted local share, district income, equalized valuation, and resident enrollment. The portal will also provide user-friendly explanations of the methodologies used to calculate State funding for special education, security, and transportation aid.