New Jersey 2022-2023 Regular Session

New Jersey Senate Bill S354

Introduced
1/11/22  
Refer
1/11/22  
Report Pass
2/3/22  
Engrossed
2/14/22  

Caption

Establishes School Funding Formula Evaluation Task Force.

Impact

The task force's findings will potentially lead to significant adjustments in how State school aid is distributed. By investigating various aspects of the SFRA, such as adequacy budgets, weighting for at-risk and English language learner students, and factors affecting special education funding, the task force could lobby for reforms that adjust funding calculations to better reflect the needs of New Jersey's diverse student population. Their recommendations will be reviewed and reported to the Governor and Legislature within a year of the task force's formation.

Summary

Bill S354 establishes the School Funding Formula Evaluation Task Force aimed at analyzing the provision of State school aid as outlined in the School Funding Reform Act of 2008 (SFRA). This task force is composed of seven members, including the Commissioner of Education and six public members with expertise in education and municipal finance. They are charged with studying the effectiveness of SFRA and suggesting potential improvements to enhance educational outcomes across New Jersey's school districts. The task force will be required to hold public meetings to gather input from various education stakeholders.

Contention

Although the bill has the potential to improve school funding mechanisms, it may face challenges from different factions within the education community. Fiscal concerns from lawmakers about budget impacts and the balance of equity in distributing State aid may lead to debates. The involvement of public members could also introduce differing priorities regarding school finance reform, making consensus a challenging goal. The bill is expected to be scrutinized for how its recommendations will directly affect the educational landscape, potentially leading to polarized viewpoints among legislators and education stakeholders.

Companion Bills

NJ A3578

Same As Establishes School Funding Formula Evaluation Task Force.

Previously Filed As

NJ S1986

Establishes School Funding Formula Evaluation Task Force.

NJ A3578

Establishes School Funding Formula Evaluation Task Force.

NJ A4003

Establishes School Funding Formula Evaluation Task Force.

NJ A1280

Establishes School Funding Commission to study school funding formula and prepare report that will serve as basis of new formula.

NJ S2609

Establishes School Funding Commission to study school funding formula and prepare report that will serve as basis of new formula.

NJ A3686

Establishes School Funding Commission to study school funding formula and prepare report that will serve as basis of new formula.

NJ S3917

Makes various changes to school funding law and Educational Adequacy Report; establishes Special Education Funding Review Task Force.

NJ A5310

Makes various changes to school funding law and Educational Adequacy Report; establishes Special Education Funding Review Task Force.

NJ S667

Establishes a formula for the distribution of State aid to school districts.

NJ S3984

Requires five-year average of equalized property valuation be used in calculation of local share under State school funding formula.

Similar Bills

NJ A4003

Establishes School Funding Formula Evaluation Task Force.

NJ A3578

Establishes School Funding Formula Evaluation Task Force.

NJ S1986

Establishes School Funding Formula Evaluation Task Force.

NJ A4563

Directs DOE to create New Jersey Education Funding Portal to make available to school districts and public State school aid information.

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