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 in determining 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 potential 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 historical State aid amounts for the past three years. It will also link to relevant State laws, current and proposed district budgets, and the Educational Adequacy Report. The bill aims to enhance transparency and accessibility of school funding information, thereby enabling stakeholders to better understand and engage with the funding process.