New Jersey Statutes
§ 18A:7F-53 — Calculation of equalization aid.
New Jersey § 18A:7F-53
JurisdictionNew Jersey
Title 18AEDUCATION
This text of New Jersey § 18A:7F-53 (Calculation 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-53 (2026).
Text
11.Each school district's and county vocational school district's equalization aid shall be calculated as follows: EQAID = AB - LSHARE provided that EQAID shall not be less than zero; and where AB is the district's adequacy budget calculated pursuant to section 9 of this act; and LSHARE is the district's local share calculated pursuant to section 10 of this act. Each district's equalization aid for general fund expenses shall be expended to provide a thorough and efficient system of education consistent with the core curriculum content standards established pursuant to section 4 of this act. A school district may make an appeal to the commissioner on the amount of its equalization aid on the basis that the calculation of income within the local share formula under section 10 of this act d
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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-53, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/18A/18A%3A7F-53.