This bill mandates the New Jersey Department of Education (DOE) to establish and maintain a New Jersey Education Funding Portal. The portal will provide school districts and the public with access to the data inputs and calculations used to determine State school aid under the School Funding Reform Act of 2008 and subsequent legislation. It will allow users to adjust specific data inputs, such as enrollment and property values, to estimate the impact on State aid. Additionally, the portal will present information in plain language regarding the calculation of adequacy budgets, methodologies for measuring at-risk students, and various types of State funding, including special education and transportation aid.

Furthermore, the portal will be searchable by school district and will include key metrics such as budgeted local shares, district income, and enrollment figures. It will also display the total amount of State school aid received over the past three years and the breakdown of categorical aid. The portal will link to relevant State laws, current and proposed district budgets, and the Educational Adequacy Report, ensuring transparency and accessibility of school funding information to all stakeholders.