Provides tax levy growth limitation adjustment for school districts experiencing reduction in State aid.
Excludes certain increases in school security expenditures from the tax levy cap applicable to school districts.
Provides an adjustment to school district tax levy cap for increases in special education costs per pupil in excess of $40,000 that exceed such prior year costs by more than 2%.
Modifies school district property tax cap law; appropriates $67.9 million to provide additional State school aid to school districts experiencing reductions in 2025-2026 school year.
Modifies school district property tax cap law; appropriates $67.9 million to provide additional State school aid to school districts experiencing reductions in 2025-2026 school year.
Requires nonpublic secondary schools and independent institutions of higher education to make payment to school districts for educational costs of students residing in tax-exempt housing upon adoption of resolution by municipal governing body.
Requires nonpublic secondary schools and independent institutions of higher education to make payment to school districts for educational costs of students residing in tax-exempt housing upon adoption of resolution by municipal governing body.
Provides adjustment to school district tax levy cap for expenditures associated with opening of new school facility during budget year.