New Jersey Statutes
§ 18A:7F-52 — Determination of equalization aid.
New Jersey § 18A:7F-52
JurisdictionNew Jersey
Title 18AEDUCATION
This text of New Jersey § 18A:7F-52 (Determination of equalization aid.) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 18A:7F-52 (2026).
Text
10.Each school district and county vocational school district shall receive equalization aid predicated on a local share determined by district property wealth and district income.
a.Each district's local share shall be calculated as follows: LSHARE = (EQVAL x PVR x 50%) + (INC x INR x 50%) where EQVAL is the district's prebudget year equalized valuation; PVR is the Statewide property value rate determined pursuant to subsection c. of this section; INC is the district's income; and INR is the Statewide income rate determined pursuant to subsection c. of this section.
b.The local share for each county vocational school district shall be calculated as follows: LSHARE = (COLSHARE/COAB) x AB where COLSHARE is the sum of the local shares for all school districts in the county calculated purs
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Nearby Sections
15
§ 18A:7F-34
Rules, regulations.§ 18A:7F-38
School district budget increase limited.§ 18A:7F-39 Proposal submission required to increase adjusted tax levy, certain circumstances.
§ 18A:7F-39 Proposal submission required to increase adjusted tax levy, certain circumstances.§ 18A:7F-4.5
Committee, established, standards, review.§ 18A:7F-4.6
Public hearings, comment.§ 18A:7F-4.7
Effective date; adopted standards, concurrent.Cite This Page — Counsel Stack
Bluebook (online)
New Jersey § 18A:7F-52, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/18A%3A7F-52.