NJ SR25

New Jersey Senate resolution urges the State to fully fund extraordinary special education aid starting in fiscal year 2023-2024 and continuing thereafter

School districts were eligible for $585.4 million in extraordinary special education reimbursements for 2022-2023 costs, but received only $420 million (71.7% of entitlement) in the fiscal year 2024 budget

Under the School Funding Reform Act of 2008, the State must reimburse 90% of costs exceeding $40,000 for special education students in public programs and 75% of costs exceeding $55,000 for students in private schools

Resolution argues full funding would help districts serve high-need students, stabilize school budgets, and provide property tax relief to citizens

Copies of the resolution would be transmitted to the Governor, all State legislators, and the State Board of Education