Requires upcoming Educational Adequacy Report to include comprehensive review of certain components of school funding in consultation with certain stakeholders and experts.

This bill requires New Jersey's next Educational Adequacy Report (due September 1, 2025) to include two specific consultations. First, the Governor must engage stakeholders like school staff, parents, students, and community members to identify unfunded school resources. Second, the Governor must commission school finance experts to recommend revisions to funding methodology calculations for base per-pupil amounts, preschool funding, special education costs, and transportation aid. These changes aim to ensure the report reflects current needs and accurate cost data before setting state aid formulas for the following three school years.