Establishes School Funding Commission to study school funding formula and prepare report that will serve as basis of new formula.
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill establishes the School Funding Commission to study New Jersey’s current school funding formula and prepare a report that will serve as the basis for a new funding formula. The commission will be composed of 26 members representing various educational and financial stakeholders. It will examine factors such as funding categories, the impact on at-risk students, and funding practices in neighboring states, ultimately aiming to improve the state’s school funding system.
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