LEGISLATIVE FISCAL ESTIMATE

[First Reprint]

ASSEMBLY COMMITTEE SUBSTITUTE FOR

ASSEMBLY, No. 4181

STATE OF NEW JERSEY

218th LEGISLATURE

 

DATED: OCTOBER 1, 2018

 

 

SUMMARY

 

Synopsis:

Clarifies that employees of renaissance school projects are in State-administered retirement systems.

Type of Impact:

No Impact

Agencies Affected:

School District

 

 

Office of Legislative Services Estimate

Fiscal Impact

Year 1 

Year 2 

Year 3 

 

State Cost

No Impact

 

Local Cost

No Impact

 

 

 

 

·         The Office of Legislative Services (OLS) concludes that the legislation would not have any impact on revenues or expenditures for the State or the Camden School District – the only renaissance school district in the State.  While the legislation clarifies that employees of renaissance school projects are members of the State-administered retirement systems, these employees are currently enrolled in these systems.

 

 

BILL DESCRIPTION

 

      P.L.2011, c.176 (C.18A:36C-1 et seq.) provided for the creation of renaissance school districts, districts with a history of poor performance on Statewide assessments that elect to enter into an agreement with a nonprofit entity for the construction and operation of new public schools in that district.  These schools are known as renaissance school projects.  The Camden City School District is the only district that has entered into such an agreement and is the only district affected by the bill’s provisions.  The bill clarifies that individuals employed by renaissance school projects are members of the State-administered retirement systems.

 

FISCAL ANALYSIS

 

EXECUTIVE BRANCH

 

      None received.

 

 

OFFICE OF LEGISLATIVE SERVICES

 

      The OLS concludes that the bill would not have an impact on revenues or expenditures for the State or the Camden School District.  Currently, employees of renaissance school projects are members of the State-administered retirement systems.  While this clarifies their status as members, it would not alter the membership.

 

 

Section:

Education

Analyst:

Allen T. Dupree

Principal Fiscal Analyst

Approved:

Frank W. Haines III

Legislative Budget and Finance Officer

 

 

This fiscal estimate has been prepared pursuant to P.L.1980, c.67 (C.52:13B-6 et seq.).