Funding Formula for S2
Dear New Jersey Department of the Treasury,
This is a request for public records made under OPRA and the common law right of access. I am not required to fill out an official form. Please acknowledge receipt of this message.
Records requested:
Please provide any and all documents with the calculations, in accordance with 18A:7F-52 and 18A:7F-53, used in arriving at an equalized valuation multiplier of .014523812 and an income multiplier of .049819447 per the 2019‐20 EQA form provided by the NJ Department of Education with the state aid notices to school districts for their 2019‐20 budgets, including any and all documents that detail of the adjustments made when a district’s calculated fair share exceeds their adequacy budget. In terms of any computer programs used to calculate the equalized valuation multiplier and the income multiplier, please provide a document detailing the computer algorithms or program coding used to make the computation of these multipliers based on relevant input variables.
Yours faithfully,
Chrissy Tirpack