New Jersey 2022-2023 Regular Session

New Jersey Senate Bill S661

Introduced
1/11/22  

Caption

Limits and clarifies use of cap banking by school districts.

Companion Bills

NJ A4160

Same As Limits and clarifies use of cap banking by school districts.

Similar Bills

CO HB1448

New Public School Finance Formula

NJ S3984

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

NJ A5577

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

CO HB1320

School Finance Act

NJ S2071

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

NJ A942

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

NJ A4404

Establishes State school aid reduction cap.

NJ A3452

Provides tax levy cap adjustment for certain school districts experiencing reductions in State school aid.