New Jersey A2472 provides additional state school aid to districts with enrollment increases due to age-restricted housing conversions.
New Jersey A2472 provides additional state school aid to school districts experiencing enrollment increases due to the conversion of age-restricted housing developments to non-restricted developments. The aid is calculated based on the increase in resident enrollment and is limited to the lesser of the district's actual cost per pupil or the per pupil tuition rate. The aid is intended to support districts with the additional costs associated with increased enrollment from these conversions.
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