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New Jersey Statutes, Title: 18A, EDUCATION
Chapter 7f: Findings, declarations relative to core curriculum content standards and cross-content workplace readiness standards.
Section: 18A:7f-5d: Required local share.
2. Notwithstanding the provisions of subsection b. of section 5 of P.L.1996, c.138 (C.18A:7F-5) or any other law to the contrary, in the 2019-2020 through 2024-2025 school years, a school district's required local share shall equal 102\% of the budgeted local share for the prebudget year in any school year in which the school district experiences a reduction in State school aid pursuant to the provisions of P.L.2018, c.67 (C.18A:7F-67 et al.) and is spending below adequacy, as calculated pursuant to section 1 of P.L.2018, c.67 (C.18A:7F-70).
L.2018, c.67, s.2.
This section added to the Rutgers Database: 2018-09-06 12:30:49.
Older versions of 18a:7f-5d (if available):
Court decisions that cite this statute:
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