N.J. Admin. Code § 6A:23A-11.1

Current through Register Vol. 57, No. 1, January 6, 2025

Section 6A:23A-11.1 - Adjusted tax levy growth limitation

(a) A school district shall not adopt a budget with an increase that exceeds the adjusted tax levy growth limitation, calculated pursuant to N.J.S.A. 18A:7F-38.

(b) The school district shall prove by clear and convincing evidence the anticipated dollar amount of the expenditure for each tax levy adjustment sought is reasonable.

(c) The adjusted tax levy shall be increased or decreased, accordingly, when the responsibility and associated cost of a school district activity is transferred to another school district or governmental entity.

N.J. Admin. Code § 6A:23A-11.1

Amended by 49 N.J.R. 1038(a), effective 5/1/2017

Amended by 56 N.J.R. 2141(a), effective 11/4/2024