Change provisions relating to the new school adjustment under the Tax Equity and Educational Opportunities Support Act

Summary

The bill changes the formula used to determine each district’s state aid, adding minimum and maximum limits on year‑to‑year changes and clarifying the new‑school adjustment. It also sets deadlines, evidence requirements, and payment schedules for districts applying for extra funding for new or expanded school capacity. The changes aim to make funding calculations more predictable and to standardize how new‑school aid is awarded.

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