New Jersey S4356 prohibits the application of a State aid growth limit to State school aid for the 2026-2027 school year and appropriates $332.6.
New Jersey S4356 prohibits the application of a State aid growth limit to State school aid provided to school districts in the 2026-2027 school year. This means that school districts will receive the full amount of aid calculated for them, without any reduction due to a growth limit. The bill appropriates $332.6 million from the Property Tax Relief Fund to the Department of Education to ensure this aid is provided. The aid includes equalization aid, transportation aid, special education categorical aid, and security categorical aid. This act takes effect immediately.
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