Sponsored by:
Assemblyman ROBERT J. KARABINCHAK
District 18 (Middlesex)
SYNOPSIS
Requires State school aid reductions in any school year to be applied in following school year.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning State school aid and supplementing P.L.2007, c.260 (C.18A:7F-43 et al.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. As used in this section, “State school aid” means the sum of the following categories of State school aid: equalization aid, special education categorical aid, security categorical aid, transportation aid, and vocational expansion stabilization aid.
b. Notwithstanding the provisions of P.L.2007, c.260 (C.18A:7F-43 et al.) or any other law, rule, or regulation to the contrary, a school district that is subject to a reduction in State school aid in the budget year as set forth in the State aid notices distributed to school districts pursuant to section 5 of P.L.1996, c.138 (C.18A:7F-5) shall receive State school aid for the budget year in an amount equal to the district’s aid received in the prebudget year. The amount of any reduction not applied to the district’s allocation of State school aid in the budget year pursuant to this section shall be deducted from the district’s State school aid allocation in the following budget year.
2. This act shall take effect immediately.
STATEMENT
This bill holds harmless a school district that, in one year school, is subject to a State school aid reduction. The amount of the reduction that otherwise would have occurred for the district in that school year, however, would be applied to the district’s allocation of State school aid provided in the following school year.