ASSEMBLY EDUCATION COMMITTEE
ASSEMBLY, No. 2645
STATE OF NEW JERSEY
DATED: FEBRUARY 3, 1997
The Assembly Education Committee favorably reports Assembly Bill No. 2645.
This bill amends section 10 of P.L.1996, c.138, the "Comprehensive Educational Improvement and Financing Act of 1996," to provide supplemental stabilization aid in the 1997-98 school year to a school district which had an increase in resident enrollment between the October 1993 and October 1994 enrollment counts and between the October 1994 and October 1995 enrollment counts. Any district eligible for the supplemental stabilization aid would also have to meet the existing requirements of paragraph (1) of subsection c. of section 10 of the funding law that the aid payable to the district in the 1997-98 school year is less than the district's prebudget year aid totals.