Print Print
  • PART I ADMINISTRATION OF THE GOVERNMENT
  • TITLE XII EDUCATION
  • CHAPTER 70 SCHOOL FUNDS AND STATE AID FOR PUBLIC SCHOOLS
  • Section 5 Municipalities receiving overburden aid; reductions

Section 5. Beginning in fiscal year nineteen hundred and ninety-four and for every fiscal year thereafter, the following shall apply to any municipality receiving overburden aid: the overburden aid amount for said municipality shall be reduced by an amount equal to seventy-five percent of any increase over the prior year in its lottery and additional assistance local aid.