This bill amends Section 10 of P.L.2007, c.260 (C.18A:7F-52) to exclude nonpublic school transportation costs from the calculation of a school district's local share when determining state school aid. Specifically, it introduces a new variable, NPT, which represents the amount spent by the district in the prebudget year for the transportation of nonpublic school pupils eligible for transportation. This amount will be subtracted from the calculation of the local share, which is based on the district's property wealth and income.

The bill aims to adjust the financial calculations for school districts by ensuring that expenses related to nonpublic school transportation do not negatively impact the amount of state aid they receive. By removing these costs from the local share determination, the bill seeks to provide a more equitable distribution of state funding to school districts, allowing them to better allocate resources for public education. The act is set to take effect immediately and will apply to the first full school year following its enactment.

Statutes affected:
Introduced: 18A:7F-52