New Jersey A746 provides additional State aid to school districts for certain reductions in State school aid from the 2020-2021 to 2024-2025 school.
New Jersey A746 mandates that school districts receive additional State aid equal to the sum of any reductions in State school aid greater than three percent of the prior year’s aid from the 2020-2021 to 2024-2025 school years. The aid is calculated using the amount of equalization aid, transportation aid, special education categorical aid, security categorical aid, and adjustment aid received by a district. The bill also authorizes an appropriation from the Property Tax Relief Fund to the Department of Education to implement these provisions.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.