A2904 — Provides that school districts with unpaid balances on certain borrowed funds are not subject to State school aid reductions; requires use of surplus funds to repay borrowed funds.

A2904 — Provides that school districts with unpaid balances on certain borrowed funds are not subject to State school aid reductions; requires use of surplus funds to repay borrowed funds. · Informed CitizenryThis legislation changes how the state calculates and distributes school aid, specifically addressing situations where a local school district has outstanding balances on funds it previously borrow…Open in Informed Citizenry