Includes adjustment aid in calculation of districts' payments to charter schools under certain circumstances.

This bill changes how New Jersey school districts calculate payments to charter schools for students living in those districts. It requires districts to pay charter schools 60% of a combined amount (equalization aid, adjustment aid, and tax levy per pupil, adjusted for inflation) when 50% of the district's equalization aid plus tax levy is less than its adjustment aid per pupil. This directly affects school districts, charter schools, and students enrolled in charters who reside in the district. The change ensures charter schools receive more equitable funding in districts receiving significant adjustment aid. The bill is pending in the Assembly Education Committee (introduced January 13, 2026).