Bill Text: NJ S2868 | 2010-2011 | Regular Session | Amended
Bill Title: Provides supplemental appropriation of $4.141 million from Property Tax Relief Fund to DOE for aid to school districts with significant enrollment growth.**
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Engrossed - Dead) 2011-11-10 - Received in the Assembly, Referred to Assembly Education Committee [S2868 Detail]
Download: New_Jersey-2010-S2868-Amended.html
Sponsored by:
Senator STEPHEN M. SWEENEY
District 3 (Salem, Cumberland and Gloucester)
SYNOPSIS
Provides supplemental appropriation of $5 million from Property Tax Relief Fund to DOE for aid to school districts with significant enrollment growth.
CURRENT VERSION OF TEXT
As reported by the Senate Education Committee on June 23, 2011, with amendments.
A Supplement to "An Act making appropriations for the support of the State Government and the several public purposes for the fiscal year ending June 30, 2012 and regulating the disbursement thereof," approved, 2011 (P.L.2011, c. ).
Be It Enacted by the Senate and the General Assembly of the State of New Jersey:
1. In addition to the amounts appropriated under P.L.2011, c. , there is appropriated out of the Property Tax Relief Fund the following sum for the purpose specified:
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34 DEPARTMENT OF EDUCATION 30 Educational, Cultural, and Intellectual Development 31 Direct Educational Services and Assistance
STATE AID |
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01-5120 General Formula Aid........................................................... (From Property Tax Relief Fund.....1[$3,772,000] $4,988,0001) |
1[$3,772,000] $4,988,0001 |
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Total State Aid Appropriation, |
1[$3,772,000] $4,988,0001 |
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Direct Educational Services and Assistance...................... (From Property Tax Relief Fund .1[$3,772,000] $4,988,0001) |
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State Aid: |
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01 Supplemental Enrollment Growth Aid (PTRF) |
1[($3,772,000)] $4,988,0001 |
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The amount hereinabove appropriated for Supplemental Enrollment Growth Aid shall be used to provide additional aid to a school district, other than a non-operating or a county vocational school district, in which the projected October 2011 resident enrollment exceeds the October 2008 resident enrollment by at least 1[15%] 13%1. The amount of additional aid awarded to a school district shall equal the difference between the projected October 2011 resident enrollment and the actual October 2008 resident enrollment, multiplied by the per pupil amount of equalization aid, special education categorical aid, security categorical aid, and adjustment aid received in the 2008-2009 school year.
2. This act shall take effect immediately.
