41. A board of education of a school district in which the annual school election has been moved to November pursuant to subsection a. of section 1 of P.L.2011, c.202 (C.19:60-1.1) and which has determined to submit a proposal or proposals for additional funds for that budget year to the voters at the annual school election pursuant to paragraph (9) of subsection d. of section 5 of P.L.1996, c.138 (C.18A:7F-5), shall adopt and submit to the commissioner for approval pursuant to subsection c. of section 5 of P.L.1996, c.138 (C.18A:7F-5), a temporary budget for the school year pending the approval or disapproval of the proposal or proposals for additional funds for that budget year by the voters. The temporary budget shall be calculated pursuant to the provisions of P.L.2007, c.62 (C.18A:7F-37 et al.).
N.J. Stat. Ann. § 18A:7F-5.4
Submission of temporary budget for the school year
Known as the School Funding Reform Act
The act spans §§ 18A:7F-24 to 18A:7F-9 (58 sections).
L.2011, c.202, s.41; amended 2025, c.234, s.2.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.