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NJ A478

NJ A478
Provides supplemental appropriation from Property Tax Relief Fund to DOE to provide additional State aid to certain school districts.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead

Introduced Session

2024-2025 Regular Session

Bill Summary

The bill provides a supplemental appropriation from the Property Tax Relief Fund to the Department of Education to provide additional State school aid to: 1) Old Bridge Township School District; 2) Freehold Regional School District; 3) Manalapan-Englishtown Regional School District; 4) Millstone Township School District; and 5) a school district in which the school district's equalized property valuation per pupil is less than the State average equalized property valuation per pupil or the school district's income per pupil is less than the State average income per pupil. There are over 100 school districts that are estimated to qualify for additional aid under subsection e. of the bill, including: the New Hanover Township School District, the Roosevelt Boro School District, the Upper Freehold Regional School District, the Jackson Township School District, and the Plumsted Township School District. The intent is to ensure that these school districts receive the same amount of total State aid in the 2021-2022 school year as they received in the 2017-2018 school year.

AI Summary

This bill provides a supplemental appropriation from the Property Tax Relief Fund to the Department of Education to provide additional State school aid to certain school districts. The districts include Old Bridge Township, Freehold Regional, Manalapan-Englishtown Regional, Millstone Township, and any other district where the equalized property valuation per pupil is less than the State average or the income per pupil is less than the State average. The intent is to ensure these districts receive the same amount of total State aid in the 2021-2022 school year as they received in the 2017-2018 school year.

Committee Categories

Education

Sponsors (2)

Last Action

Introduced, Referred to Assembly Education Committee (on 01/09/2024)

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