Prevents State school aid reduction in school districts that experienced decrease in equalized valuation and are located in certain counties.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to protect school districts in certain counties, specifically Atlantic, Cape May, Monmouth, and Ocean, from reductions in state school funding. It ensures that these districts receive at least the same level of state aid as they did in the 2017-2018 school year, provided their property values (equalized valuation) are lower than they were in 2012-2013. The bill is intended to address the financial challenges faced by these districts following the impacts of Superstorm Sandy.
Bill text
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Document of record
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