Bill Text: NJ SCR61 | 2012-2013 | Regular Session | Introduced
Bill Title: Overrides Governor's line-item veto eliminating appropriation for Additional Formula Aid - Above Adequacy Districts from the Property Tax Relief Fund in the Department of Education.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2012-01-23 - Introduced in the Senate, Referred to Senate Education Committee [SCR61 Detail]
Download: New_Jersey-2012-SCR61-Introduced.html
SENATE CONCURRENT RESOLUTION No. 61
STATE OF NEW JERSEY
215th LEGISLATURE
INTRODUCED JANUARY 23, 2012
Sponsored by:
Senator LINDA R. GREENSTEIN
District 14 (Mercer and Middlesex)
SYNOPSIS
Overrides Governor's line-item veto eliminating appropriation for Additional Formula Aid - Above Adequacy Districts from the Property Tax Relief Fund in the Department of Education.
CURRENT VERSION OF TEXT
As introduced.
A Concurrent Resolution overriding a line-item veto eliminating an appropriation for Additional Formula Aid - Above Adequacy Districts from the Property Tax Relief Fund in the Department of Education.
Be It Resolved by the Senate of the State of New Jersey (the General Assembly concurring):
1. That the following line-item of appropriation, on pages 52 and 53, and the language provision on page 56 of Senate Bill No. 4000 of 2011 (P.L.2011, c.85) which were the subject of objection by the Governor in the Governor's veto statement of June 30, 2011, be restored to law as follows, the objections thereto of the Governor notwithstanding:
34 DEPARTMENT OF EDUCATION
30 Educational, Cultural, and Intellectual Development
31 Direct Educational Services and Assistance
STATE AID
01-5120 General Formula Aid .............................................. $85,755,000
(From Property Tax Relief Fund .... $85,755,000 )
State Aid:
01 Additional Formula Aid -
Above Adequacy Districts (PTRF) .. ($85,755,000)
Less:
Growth Savings - Payment Changes ....... $8,540,000
From the amounts hereinabove appropriated for State Aid, the Department of Education shall allocate $85,755,000 to school districts, other than an SDA districts, that are spending above adequacy in the 2011-2012 school year. The department shall allocate the additional aid to each district based on the difference in the total equalization aid, adjustment aid, security categorical aid, and special education categorical aid included in the district's aid notification provided pursuant to section 5 of P.L.1996, c.138 (C.18A:7F-5) and the amount to which the district is entitled pursuant to the provisions of P.L.2007, c.260 (C.18A:7F-43 et al.), as a share of the total difference among all districts that are spending above adequacy in the 2011-2012 school year. The department shall include any adjustment aid provided to the school district in the 2010-2011 school year when determining a district's spending relative to adequacy. The department shall allocate such aid so as to restore reductions made in 2010-2011 in the reverse of the hierarchy used for the 2010-2011 reductions.
2. BE IT FURTHER RESOLVED, that copies of this resolution be delivered to the Governor, the State Treasurer and the Commissioner of the Department of Education.
STATEMENT
This resolution restores the amount of an item of appropriation and a related language provision in the annual appropriations act for Fiscal Year 2012 that were eliminated by the Governor's line-item veto. The State Aid line-item appropriation of $85,755,000 for Additional Formula Aid - Above Adequacy Districts from the Property Tax Relief Fund in the Department of Education would provide additional allocations among all formula categories among all districts that are spending above adequacy in the 2011-2012 school year. Under New Jersey's School Funding Reform Act (SFRA) a district's "Adequacy Budget" is a point of reference. It is meant to represent the accurate cost to a district to meet the required New Jersey Core Curriculum Content Standards (CCCS) for all children. Whether funding is actually available through State or federal aid or from property taxes is not relevant to this calculation. A district's adequacy budget is the expenditure level that the formula says is necessary for it to provide a thorough and efficient education. A district may spend more than its adequacy budget. However, a district will receive no state aid for expenditures above the adequacy budget under the SFRA formula. This restored appropriation will provide additional formula aid among the districts that choose to spend more than their adequacy budget.
