ASSEMBLY EDUCATION COMMITTEE

STATEMENT TO

ASSEMBLY, No. 209

STATE OF NEW JERSEY

DATED:  MARCH 3, 2016

      The Assembly Education Committee reports favorably Assembly Bill No. 209.

     Under current law, school districts may increase their tax levies, with certain exceptions, by no more than two percent relative to the prior budget year.  This bill provides that any annual increase in expenditures on school security costs in excess of two percent incurred by a school district will be excluded from the limit.

      This bill was pre-filed for introduction in the 2016-2017 session pending technical review.  As reported, the bill includes the changes required by technical review, which has been performed.