A 4003 New Jersey General Assembly · 2024-2025 Regular Session

Establishes School Funding Formula Evaluation Task Force.

This bill establishes a 7-member School Funding Formula Evaluation Task Force to study New Jersey's current school funding system under the 2008 School Funding Reform Act. The task force, including education and finance experts appointed by legislative leaders, will examine how school budgets are calculated, how student needs are weighted (including at-risk students and special education), and the impact of funding formulas on school finances. It must hold public meetings across the state and submit a final report with recommendations to the Governor and Legislature within one year, though the bill itself does not change funding. The study directly affects all public school districts and their funding allocations.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 7, 2024 Last action Mar 7, 2024
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Mar 7, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Education Committee
lower
3 primary · 0 co-sponsors

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