The resolution expresses the New Jersey Legislature's intent to revise the School Funding Reform Act of 2008 (SFRA) to prevent significant reductions in State aid to school districts, particularly those in the Highlands Region where development is heavily restricted. The SFRA was deemed constitutional by the New Jersey Supreme Court in 2009, with the expectation that the State would maintain funding according to the SFRA's formula. However, following the enactment of P.L.2018, c.67 (S2) in 2018, the adjustment aid that protected districts from sudden aid losses was eliminated, leading to substantial funding cuts for many districts, including those in the Highlands Region.
The Highlands Region, which is crucial for New Jersey's water supply and environmental preservation, faces unique challenges due to development restrictions that hinder the ability of local school districts to raise necessary funds through increased tax levies. The resolution highlights that these funding cuts not only threaten the quality of education but also place a burden on property taxpayers. Therefore, the Legislature calls for revisions to the SFRA to ensure that school districts, especially in the Highlands Region, are shielded from abrupt reductions in State aid, thereby supporting their ability to provide a thorough and efficient education to students.