N.J.S.A. 18A:58-37.6a — Increase in amount of state aid; determination of state average budgeted textbook expenditures

18A:58-37.6a. Increase in amount of state aid; determination of state average budgeted textbook expenditures a. Beginning in the school year 1981-82 and in each subsequent year, the amount of State aid per pupil pursuant to this act shall increase by the percentage increase in the State average budgeted textbook expense per public school pupil. b. Annually, by November 1, the commissioner shall determine the State average budgeted textbook expenditures per public school pupil. L.1979, c. 194, s. 3, eff. Sept. 13, 1979. 18A:58-37.7. State aid to school districts The sums payable as State aid to school districts pursuant to this act shall be paid in full no later than July 31. The State Treasurer shall make such payment to each board of education upon a certificate of the commissioner and warrant of the Director of the Division of Budget and Accounting. A district shall refund any unexpended State aid after completion of the school year if the expenditures incurred by the district pursuant to P.L. 1974, c. 79 (C. 18A:58-37.1 et seq.) are less than the amount of State aid received therefor. The refund shall be paid no later than December 1. L. 1974, c. 79, s. 7. Amended by L. 1986, c. 17, s. 1, eff. July 1, 1986.

This is the verbatim text of N.J.S.A. 18A:58-37.6a, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.