New Jersey Statutes
§ 18A:7F-48 — Calculation of equalization aid.
New Jersey·Title 18A EDUCATION
6.Beginning in the 2009-2010 school year and for each school year thereafter, the amount of equalization aid for the budget year shall equal the total Statewide equalization aid calculated pursuant to section 11 of this act for the prebudget year and prior to the application of section 5 of this act indexed by the sum of 1.0, the CPI, and the State average enrollment growth percentage between the prebudget year and the budget year as projected by the commissioner. L.2007, c.260, s.6.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 18A:7F-48 (Calculation of equalization aid.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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.