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 CitizenryThe bill amends existing law and adds a new section concerning school finances in New Jersey. It establishes that a school district with an unpaid balance on certain borrowed funds from the State w…Open in Informed Citizenry