Bill > SCR76

This Concurrent Resolution proposes an amendment to the New Jersey State Constitution that would change the requirements for how public schools are funded. Specifically, it would mandate that local property taxes (referred to as the "general fund tax levy") must account for at least 20% and no more than 80% of a school district's total general fund expenditures, meaning local funding cannot be too little or too much. Additionally, it would require the State to provide funding for at least 80% and up to 100% of the extra costs associated with educating students who need special education services, a change from the current system where the State is not obligated to fund a specific percentage of these costs. This proposed amendment will be put to a public vote at the next general election.