NJ
New Jersey Senate Bill S3076

New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S3076

Introduced
4/11/24  

Caption

Amends appropriations act to provide funding for restoration of State school aid reductions for certain school districts; shifts $64,920,000 from certain appropriations for purposes of restoring aid; provides supplemental appropriation of $145,215,047.

Impact

Should this bill be enacted, it will directly impact the financial stability of school districts across New Jersey that have been affected by reductions in State aid. Specifically, it ensures that these districts will receive a financial allocation commensurate with what they previously received under previous legislation (P.L.2023, c.32). Thus, schools will not face the anticipated shortfalls in the 2024-2025 school year, potentially safeguarding educational programs and staffing levels. The bill also emphasizes a commitment to continue funding for programs vital to the fiscal health of the education system.

Summary

Senate Bill 3076, introduced on April 11, 2024, amends the appropriations act for the fiscal year ending June 30, 2024, with a primary focus on restoring funding for State school aid reductions for specific school districts. The legislation seeks to allocate a total of $210,135,047 to ensure that schools that have faced funding cuts are able to regain lost financial support. This includes shifting approximately $64.9 million from current fiscal year appropriations and supplementing with an additional $145.2 million from the General Fund, effectively addressing the financial challenges faced by these districts.

Contention

While the bill aims to restore funding to critical educational services, discussions around the appropriations and funding allocations might raise concerns about budget constraints and the prioritization of funds within the state budget. Stakeholders may argue about the efficacy of such aids and whether these financial adjustments will suffice in addressing long-term educational needs. Moreover, opposition could arise from parties concerned about the sources of these funds and the implications of shifting appropriations from other areas.

Latest S3076 Activity

Companion Bills

NJ A4230

Same As Amends appropriations act to provide funding for restoration of State school aid reductions for certain school districts; shifts $64,920,000 from certain appropriations for purposes of restoring aid; provides supplemental appropriation of $145,215,047.

Previously Filed As

NJ A4230

Amends appropriations act to provide funding for restoration of State school aid reductions for certain school districts; shifts $64,920,000 from certain appropriations for purposes of restoring aid; provides supplemental appropriation of $145,215,047.

NJ S3386

Reallocates FY 2023 State and federal appropriations totaling $355,738,000, and amends and supplements language affecting appropriations in FY 2023.

NJ S1929

Makes FY 2022 supplemental appropriation to provide State military impact aid to certain school districts.

NJ A3668

Makes FY 2022 supplemental appropriation to provide State military impact aid to certain school districts.

NJ A3576

Provides FY 2022 supplemental appropriation for military impact aid to certain school districts that did not previously receive aid in FY 2022.

NJ S4655

Makes FY2025 supplemental appropriations of $142,615,000; adds various language provisions to FY2025 Appropriations Act.

NJ A5807

Makes FY2025 supplemental appropriations of $142,615,000; adds various language provisions to FY2025 Appropriations Act.

NJ A465

Makes supplemental appropriation of $1.2 million to DOE to provide additional State school aid to Franklin Township School District in Somerset County.

NJ S3236

Makes supplemental appropriation of $1 million from Property Tax Relief Fund to DOE to support Pantoliano-DePass school based mentoring pilot program in certain Bergen County school districts.

NJ S567

Provides supplemental appropriation to DOE to provide additional State aid to certain school districts.

Similar Bills

NJ A4230

Amends appropriations act to provide funding for restoration of State school aid reductions for certain school districts; shifts $64,920,000 from certain appropriations for purposes of restoring aid; provides supplemental appropriation of $145,215,047.

NJ A3668

Makes FY 2022 supplemental appropriation to provide State military impact aid to certain school districts.

NJ A3576

Provides FY 2022 supplemental appropriation for military impact aid to certain school districts that did not previously receive aid in FY 2022.

NJ S1929

Makes FY 2022 supplemental appropriation to provide State military impact aid to certain school districts.

NJ A4030

Makes supplemental appropriation of $80 million from Property Tax Relief Fund to DOE for Stabilization Aid.

NJ A4488

Makes supplemental appropriation of $1 million from Property Tax Relief Fund to DOE to support Pantoliano-DePass school-based mentoring pilot program in certain Bergen County school districts.

NJ S3236

Makes supplemental appropriation of $1 million from Property Tax Relief Fund to DOE to support Pantoliano-DePass school based mentoring pilot program in certain Bergen County school districts.

IA HSB138

A bill for an act relating to public school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2025, modifying provisions relating to the property tax replacement payments and transportation equity payments, modifying provisions relating to the regular program state cost per pupil and funding for shared operational functions, establishing a school district funding supplement, making appropriations, and including effective date provisions.(See HF 319.)