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NJ S354

NJ S354
Establishes School Funding Formula Evaluation Task Force.


summary

Introduced
01/11/2022
In Committee
02/14/2022
Crossed Over
02/14/2022
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill establishes the School Funding Formula Evaluation Task Force. The purpose of the task force is to study, evaluate, and assess the provision of State school aid pursuant to the "School Funding Reform Act of 2008" (SFRA). The task force will consist of seven members, including: the Commissioner of Education or a designee; and six public members, each of whom shall have educational experience and expertise in education and municipal finance and school budgeting. Two of the members will be appointed by the Senate President, two members will be appointed by the Speaker of the General Assembly, and the Minority Leaders of the Senate and General Assembly will each appoint one member. Under the bill, the duty of the task force is to study the effectiveness of, and provide recommendations on potentially improving, various aspects of the SFRA including, but not limited to: · the manner in which school district adequacy budgets and local shares are calculated; · the current methodology of measuring and weighting at-risk students and students with limited English proficiency and the impact on the educational outcomes of those students; · the weights applied to students in different grade levels, as well as those applied to students enrolled in county vocational school districts; · the current methodology used to calculate the geographic cost adjustment; · the formula's use of the census-based funding methodology for determining the amount of State aid a school district receives to educate its special education population and the effects of potentially employing different methodologies; · the provision of extraordinary special education aid and the cost thresholds used as the bases for reimbursement of extraordinary special education costs; · the methodologies used to calculate security categorical aid and transportation aid; and · the impact that the reallocation of State school aid pursuant to P.L.2018, c.67, commonly referred to as "S-2," had on school districts' finances. The bill requires that the task force will issue a final report detailing its findings and recommendations to the Governor, and to the Legislature, no later than one year after the organization of the task force. The report will be posted in a prominent location on the Internet website of the Department of Education.

AI Summary

This bill establishes the School Funding Formula Evaluation Task Force. The purpose of the task force is to study, evaluate, and assess the provision of State school aid pursuant to the "School Funding Reform Act of 2008" (SFRA). The task force will consist of seven members, including the Commissioner of Education or a designee, and six public members with educational experience and expertise in education and municipal finance and school budgeting. The task force will hold public meetings to gather input on the effects of the current school funding formula and potential areas for improvement. The Department of Education will provide data and support to the task force. The task force is required to issue a final report detailing its findings and recommendations to the Governor and the Legislature within one year of its organization, and the report will be posted on the Department of Education's website.

Committee Categories

Agriculture and Natural Resources, Education

Sponsors (11)

Last Action

Received in the Assembly, Referred to Assembly Education Committee (on 02/14/2022)

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