Bill
Bill > A4048
NJ A4048
NJ A4048Requires upcoming Educational Adequacy Report to include comprehensive review of certain components of school funding in consultation with certain stakeholders and experts.
summary
Introduced
03/07/2024
03/07/2024
In Committee
09/19/2024
09/19/2024
Crossed Over
06/28/2024
06/28/2024
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill requires the upcoming Educational Adequacy Report to be developed in consultation with certain education stakeholders and school finance experts. Under current law, an Educational Adequacy Report is required to be issued every three years by the Governor, in consultation with the Commissioner of Education. The purpose of the report is to update the various parameters used to calculate State aid to school districts, including the base per pupil amount, various grade level and student characteristic weights, preschool education per pupil amounts, security and transportation aid cost coefficients, excess cost and classification rate assumption for census-based special education funding, and extraordinary special education aid thresholds. The requirements established under the bill would apply to the next upcoming Educational Adequacy Report that is to be issued by September 1, 2025. Specifically, the bill requires the Governor, in consultation with the commissioner, to engage a diverse group of stakeholders, including school administrators, staff, students, parents, and other community members, to identify the necessary school resources and student supports that are not adequately funded through the State school funding formula. In addition, the bill requires the Governor and the commissioner to commission various school finance experts to recommend revisions to the methodologies used for the determination of various cost factors that are required to be updated under the Educational Adequacy Report.
AI Summary
This bill requires the upcoming Educational Adequacy Report, which is issued every three years to update the parameters used to calculate State aid to school districts, to include a comprehensive review of certain components of the school funding formula. Specifically, the bill requires the Governor, in consultation with the Commissioner of Education, to engage a diverse group of stakeholders, including school administrators, staff, students, parents, and other community members, to identify necessary school resources and student supports that are not adequately funded through the current State school funding formula. Additionally, the bill requires the Governor and the Commissioner to commission various school finance experts to recommend revisions to the methodologies used for determining the base per pupil amount, preschool education per pupil amounts, student characteristic weights, excess costs for special education, and transportation aid cost coefficients, to ensure that the funding amounts are sufficient to adequately support students in meeting the State's current education standards.
Committee Categories
Education
Sponsors (5)
Last Action
Received in the Senate, Referred to Senate Education Committee (on 09/19/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A4048 |
| Analysis - Statement AED 3/11/24 | https://pub.njleg.gov/Bills/2024/A4500/4048_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/A4500/4048_I1.HTM |
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