NJ S1920

School districts in municipalities where more than 51% of residents are age 65 or older would receive additional State education aid of $500 per enrolled student

For regional school districts with qualifying constituent municipalities, the aid applies only to students residing in those municipalities, and the amount reduces that municipality's share of the regional school tax levy

Aid is calculated based on projected resident enrollment and will not be adjusted for actual enrollment during the budget year

Reestablishes an aid category originally created under the 1996 CEIFA law (which used a 45% senior threshold) that was repealed by the 2008 School Funding Reform Act

Manchester Township and Berkeley Township currently meet the 51% senior citizen population threshold based on census data