New Jersey Administrative Code
Title 6A - EDUCATION
Chapter 31 - RENAISSANCE SCHOOLS
Subchapter 8 - FINANCE
Section 6A:31-8.1 - Renaissance per pupil rate calculations, notification, and payments
Current through Register Vol. 56, No. 6, March 18, 2024
(a) Consistent with the requirements of N.J.S.A. 18A:36C-7.e, the Department shall annually calculate the renaissance per pupil rates for each renaissance school district. However, pursuant to N.J.S.A. 18A:36C-7.1, an approved renaissance school project located in a temporary facility shall be funded using the per pupil calculations for charter schools set forth at N.J.S.A. 18A:36A-12.
(b) To qualify for funding pursuant to N.J.S.A. 18A:36C-7.e for students who will attend a newly constructed facility, the renaissance school project shall request, in writing, approval from the Commissioner.
(c) A renaissance school project shall comply with N.J.A.C. 6A:31-3.3(c)1 to qualify for funding pursuant to N.J.S.A. 18A:36C-7.e for students attending a renaissance school facility undergoing substantial reconstruction.
(d) The renaissance school district shall use the renaissance per pupil rates as established in the renaissance school project per pupil funding notice prescribed by the Commissioner, or the Commissioner's designee, which shall be issued by the Commissioner following the Governor's annual budget address.
(e) Any payment(s) the renaissance school district distributes to the renaissance school project for preschool students shall be restricted to expenditures on programs benefitting only preschool students and shall be accounted for in Fund 20 of the renaissance school project's budget.
(f) A renaissance school district shall process payment(s) and payment adjustments to the renaissance school project during the school year as follows: