New Jersey A5054 mandates that any reductions in State school aid for a school year be applied in the following school year.
New Jersey A5054 requires that any reductions in State school aid for a school year be applied in the following school year. This means that if a school district experiences a reduction in aid for one school year, the amount of the reduction will be deducted from the district's aid allocation in the next school year. The bill defines State school aid as the sum of equalization aid, special education categorical aid, security categorical aid, transportation aid, and vocational expansion stabilization aid.
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