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NJ S3092
Bill
Status
4/11/2024
Primary Sponsor
Patrick Diegnan
Click for details
AI Summary
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Creates a new "stabilized reduction aid" category to guarantee no school district experiences more than a 5% reduction in State school aid compared to the prior school year, beginning in the 2024-2025 school year
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Applies to multiple aid categories including equalization aid, special education categorical aid, security categorical aid, transportation aid, and adjustment aid
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County vocational school districts receive whichever is greater: the aid calculated under this bill or the aid calculated under existing vocational expansion stabilization aid provisions
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Existing vocational expansion stabilization aid ensures county vocational districts receive at least the amount of State school aid they received in the 2017-2018 school year
Legislative Description
Ensures no school district receives State school aid reduction greater than five percent.
Education
Last Action
Introduced in the Senate, Referred to Senate Education Committee
4/11/2024