The Assembly Education Committee today advanced A3881, sponsored by Speaker Craig J. Coughlin, which would strengthen school funding transparency and provide school districts with greater certainty when crafting their annual budgets. The bill is also sponsored by Assemblymembers Sterley Stanley and Verlina Reynolds-Jackson.
Under the bill, the Commissioner of the Department of Education (DOE) would be required to provide each school district with a preliminary State aid notice by the first week of December, detailing the minimum amount the district can expect in the upcoming school year. This early notification gives districts more time to plan their budgets.
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