New Jersey A2269 provides Supplemental Stabilization Aid to school districts facing a reduction in State school aid for the 2024-2025 school year.

New Jersey A2269 provides additional State school aid to certain school districts for the 2024-2025 school year. This aid, called Supplemental Stabilization Aid, is given to districts facing a reduction in State school aid under P.L.2018, c.67. A district qualifies for this aid if the reduction in aid exceeds one percent of the district’s total operating budget in the 2023-2024 school year. The aid amount is equal to the difference between the proposed reduction and one percent of the district’s total operating budget in the 2023-2024 school year.

New Jersey A2269 provides Supplemental Stabilization Aid to school districts facing a reduction in State school aid for the 2024-2025 school year.

New Jersey A2269 provides additional State school aid to certain school districts for the 2024-2025 school year. This aid, called Supplemental Stabilization Aid, is given to districts facing a reduction in State school aid under P.L.2018, c.67. A district qualifies for this aid if the reduction in aid exceeds one percent of the district’s total operating budget in the 2023-2024 school year. The aid amount is equal to the difference between the proposed reduction and one percent of the district’s total operating budget in the 2023-2024 school year.