NJ S703

Appropriates $3.5 million from the Property Tax Relief Fund to the Department of Education for additional State school aid to the Freehold Regional School District for fiscal year ending June 30, 2024

Addresses State aid reductions of approximately $20 million to the district since FY 2019 under the school funding law P.L.2018, c.67 (commonly known as S2)

Funding intended to restore courtesy busing transportation services that the district planned to eliminate in the 2023-2024 school year due to budget constraints

Courtesy busing serves approximately 30% of transported students who live less than 2.5 miles from school and is considered essential due to lack of sidewalks and hazardous walking conditions

The Freehold Regional School District operates six high schools serving more than 10,000 students across eight communities