Authorizes establishment of charter school payment reserve account in school districts.

This bill authorizes New Jersey school districts to establish a "charter school payment reserve account" to cover unexpected increases in payments to charter schools. It directly affects school districts that initially budgeted less than the projected payment amount for charter school enrollment. The reserve account can be funded through annual budget appropriations or transfers of unspent funds at year-end, and it covers the difference between the initial projection and the actual payment required based on enrollment data as of October 15 each year. This creates a mechanism for districts to adjust payments without immediate budget revisions.