This bill amends the process for developing the upcoming Educational Adequacy Report, which is required to be issued by September 1, 2025. It mandates that the Governor, in consultation with the Commissioner of Education, engage a diverse group of stakeholders—including school administrators, staff, students, parents, and community members—to identify inadequately funded school resources and student supports. Additionally, the bill requires the commissioning of school finance experts to recommend revisions to the methodologies used for determining key funding parameters, such as the base per pupil amount, preschool funding, and various cost coefficients related to special education and transportation.

The bill aims to ensure that the funding methodologies result in adequate support for students to meet the state's core curriculum content standards. By incorporating input from a wide range of stakeholders and experts, the bill seeks to enhance the effectiveness of the Educational Adequacy Report and improve the overall adequacy of school funding in New Jersey.

Statutes affected:
Introduced: 18A:7F-46