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

S 3070 provides supplemental state school aid to New Jersey school districts facing aid reductions exceeding 1% of their 2023-2024 operating budget for the 2024-2025 school year. It ensures districts receiving more than a 1% reduction in state aid will get supplemental funds equal to the excess amount, capping reductions at 1% of their prior year budget. To receive this aid, districts must submit a written plan to the Commissioner of Education detailing how they will fund operations in future years without similar aid. The bill excludes county vocational school districts already receiving vocational expansion stabilization aid under existing law. The funding comes from the Property Tax Relief Fund and applies immediately for the 2024-2025 school year.