New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S1920

Introduced
1/9/24  

Caption

Reestablishes senior citizen supplemental stabilization aid.

Impact

The reintroduction of the senior citizen supplemental stabilization aid is significant for municipalities like Manchester and Berkeley Township, which meet the threshold criteria based on census data. This targeted financial support directly impacts how local school districts can budget for education and resource allocation, potentially leading to improvements in educational offerings and overall community welfare. Additionally, the bill addresses the need for consistent aid that adapts to demographic changes, ensuring that school funding reflects the realities of the communities served.

Summary

Senate Bill S1920 aims to reestablish the senior citizen supplemental stabilization aid in New Jersey. This aid category was designed to offer additional state education support to specific school districts where over 51% of the population comprises senior citizens aged 65 or older. The bill proposes to provide $500 per pupil for students from qualifying municipalities, effectively assisting districts facing the unique financial burdens of serving a senior-heavy community. The legislation emphasizes the state's commitment to supporting these districts, particularly in a demographic context where traditional funding formulas may not adequately consider the needs of senior populations.

Contention

There may be points of contention surrounding the bill regarding the long-term sustainability of such designated funding. Critics may argue that the focus on a narrowly defined group could lead to inequities in funding distribution among other deserving districts. Furthermore, the bill eliminates adjustments based on actual resident enrollment, which could present challenges in fiscal management for schools, leading to questions about the adequacy of funding as populations shift. Balancing local needs with state funding strategies remains a crucial discussion as stakeholders evaluate the implications of S1920.

Companion Bills

NJ A1728

Same As Reestablishes senior citizen supplemental stabilization aid.

NJ A705

Carry Over Reestablishes senior citizen supplemental stabilization aid.

NJ S1689

Carry Over Reestablishes senior citizen supplemental stabilization aid.

Previously Filed As

NJ S1689

Reestablishes senior citizen supplemental stabilization aid.

NJ A705

Reestablishes senior citizen supplemental stabilization aid.

NJ A1728

Reestablishes senior citizen supplemental stabilization aid.

NJ A5186

Makes various changes to school funding and budgeting laws; eliminates use of census-based funding for special education aid; establishes reimbursement program for school district fuel costs.

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 S3904

"S2 Appropriations Rescue Act"; appropriates $106.5 million to provide Emergency Supplemental Aid to certain school districts, including districts negatively impacted by effects of P.L.2018, c.67.

NJ A5041

"S2 Appropriations Rescue Act"; appropriates $106.5 million to provide Emergency Supplemental Aid to certain school districts, including districts negatively impacted by effects of P.L.2018, c.67.

NJ A3549

Makes FY 2022 supplemental appropriations of $139.8 million for Homestead Benefit Program and Senior and Disabled Citizens' Property Tax Freeze Program.

NJ S4188

Allows certain senior citizens to apply for rent increase limit.

Similar Bills

NJ S3920

Provides supplemental transportation aid to certain districts participating in interdistrict public school choice program.

NJ A5698

Provides supplemental transportation aid to certain districts participating in interdistrict public school choice program.

NJ A1426

Provides supplemental transportation aid to certain districts participating in interdistrict public school choice program.

NJ S787

Provides supplemental transportation aid to certain districts participating in interdistrict public school choice program.

NJ A4136

Provides additional State school aid to certain school districts; makes an appropriation.

NJ S3070

Provides additional State school aid to certain school districts; makes an appropriation.

IA SF2021

A bill for an act relating to funding calculations for the teacher salary supplement, professional development supplement, early intervention supplement, and teacher leadership supplement for school districts that materially breach an interscholastic sharing agreement, and including effective date and applicability provisions.

CA AB533

Education finance: local control funding formula: supplemental and concentration grants.