New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A4230

Introduced

5/2/24

Refer

5/2/24

Caption

Amends appropriations act to provide funding for restoration of State school aid reductions for certain school districts; shifts $64,920,000 from certain appropriations for purposes of restoring aid; provides supplemental appropriation of $145,215,047.

Impact

This legislative measure not only seeks to restore funding to schools adversely affected by previous budget cuts but also aims at stabilizing the financial conditions of those districts facing significant aid reductions. The legislation mandates that school districts which received Supplemental Stabilization Aid in the previous fiscal year continue to receive equal amounts, thereby allowing for consistency in budgetary support. For districts facing certain reductions in the upcoming 2024-2025 school year, the bill guarantees they will receive additional funds to cover the gap between their current and proposed future aid allocations.

Summary

Assembly Bill A4230 proposes an amendment to the fiscal year 2024 appropriations act aimed at redressing school aid reductions for specific school districts in New Jersey. The bill illustrates a commitment to ensuring equity in educational funding by addressing discrepancies in state aid allocations that have arisen due to adjustments made in recent fiscal plans. The total funding involved in the bill amounts to $210,135,047, of which approximately $64.9 million is drawn from existing FY 2024 appropriations, supplemented by an additional allocation of $145.2 million from the General Fund.

Contention

Despite the well-intended goals, various points of contention are anticipated around this bill. Critics argue that while the restoration of funds is necessary, there may be disagreements about the effectiveness of the current aid distribution mechanisms, with calls for a broader reform of how educational funding is structured in New Jersey. Some stakeholders may also question whether the fund reallocations sufficiently address the underlying issues in school finance that have left certain districts underfunded. Furthermore, there may be debates over the reliance on the General Fund for educational expenditures, raising concerns about the sustainability of such funding practices in future budgets.

Latest NJ A4230 Activity

View All Events: NJ 2024-2025 Regular Session A4230

Companion Bills

NJ S3076

Same As Amends appropriations act to provide funding for restoration of State school aid reductions for certain school districts; shifts $64,920,000 from certain appropriations for purposes of restoring aid; provides supplemental appropriation of $145,215,047.

Previously Filed As

NJ A1081

Provides supplemental appropriation from Property Tax Relief Fund to DOE to provide additional State aid to certain school districts.

NJ A746

Requires certain school districts to receive additional State aid for certain State school aid reductions from previous school years; authorizes appropriation.

NJ S490

"S2 Appropriations Rescue Act"; appropriates $106.5 million to provide Emergency Supplemental Aid to certain school districts, including districts negatively impacted by effects of P.L.2018, c.67.

NJ A122

Makes $500,000 supplemental appropriation from General Fund to DEP for dredging and restoration of Passaic River.

NJ A121

Makes $500,000 supplemental appropriation from General Fund to DEP for dredging and restoration of Peckman River.

NJ A2899

Provides supplemental appropriation to ensure certain school districts receive additional amounts of special education categorical aid, security categorical aid, and transportation aid.

NJ S1579

Provides supplemental appropriation to ensure certain school districts receive additional amounts of special education categorical, security categorical, and transportation aids.

NJ A2269

Provides additional State school aid to certain school districts; makes an appropriation.

NJ A728

Provides school districts spending below adequacy are not subject to certain State school aid reductions.

NJ A4382

Provides supplemental appropriation of $500,000 for Farm Viability Study at Agricultural Experiment Station.

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB0390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.