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Bill > A378
NJ A378
NJ A378Provides adjustment to school district tax levy cap for expenditures associated with opening of new school facility during budget year.
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 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 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, such as new teaching staff, support staff, materials and equipment, custodial and maintenance expenditures, and other costs as determined by the Commissioner of Education. This is intended to address the unrealistic expectation that a school district can accommodate the new costs of opening a new school within its base 2% tax levy increase, and will allow 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 01/11/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A378 |
BillText | https://www.njleg.state.nj.us/Bills/2022/A0500/378_I1.HTM |
Bill | https://www.njleg.state.nj.us/Bills/2022/A0500/378_I1.PDF |
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