Bill
Bill > A313
NJ A313
NJ A313Provides adjustment to school district tax levy cap for expenditures associated with opening of new school facility during budget year.
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill authorizes an adjustment to the school district tax levy cap for expenditures incurred by the district in connection with the opening of a new school facility during the budget year. The allowable adjustment will include costs associated with the new facility that are related to new teaching staff members, support staff, materials and equipment, custodial and maintenance expenditures, and other costs as may be determined by the Commissioner of Education. It is unrealistic to expect a school district to accommodate within its base 2% tax levy increase the new costs that will be incurred by the district in the first year that it opens a new school facility. This bill will allow a school district to increase its tax levy in that first year of the school's operation to reflect these new facility-related expenditures.
AI Summary
This bill authorizes an adjustment to the school district tax levy cap for expenditures incurred in connection with the opening of a new school facility during the budget year. The allowable adjustment includes costs associated with the new facility related to new teaching staff, support staff, materials and equipment, custodial and maintenance, and other required costs as determined by the Commissioner of Education. This provision recognizes that it is unrealistic to expect a school district to accommodate the new costs of opening a new facility within the base 2% tax levy increase, and allows the district to increase its tax levy in the first year of the school's operation to reflect these new facility-related expenditures.
Committee Categories
Education
Sponsors (1)
Last Action
Introduced, Referred to Assembly Education Committee (on 01/14/2020)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | https://www.njleg.state.nj.us/2020/Bills/A0500/313_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A0500/313_I1.PDF |
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