SENATE EDUCATION COMMITTEE

STATEMENT TO

SENATE, No. 953

STATE OF NEW JERSEY

DATED: MAY 2, 1996

      The Senate Education Committee reports favorably Senate Bill No. 953.

      This bill excludes the cost of any regionalization feasibility study from the definition of administrative spending in the "School Efficiency Program Act" (P.L.1995, c.236). Under that program, a school district may receive a financial penalty for excessive administrative spending. The penalty is the amount of the district's per pupil administrative spending during a school year, which exceeds the median budgeted per pupil spending for similar districts by a specified percentage, and the amount is deducted from the State aid otherwise payable to the district.