18A:58-33.2 - Application for additional state building aid; investigation

18A:58-33.2.  Application for additional state building aid; investigation
    Whenever a local board of education determines by resolution that it is unable to comply with the provisions of section 18A:33-1 of the New Jersey Statutes, it may file an application for additional State building aid with the  Commissioner of Education and the State Board of Education.  Upon the receipt  of any such application, the Commissioner of Education and the State Board of  Education shall cause an investigation of the conditions to be made in the  district, taking into consideration the unhoused pupils, rate of pupil population increase, total tax rate of the municipality or municipalities of the district, school tax rate of the district, the net debt of the municipality  or municipalities and the school debt, the density of population, the  apportionment valuation in support of each child, the number of children on  welfare rolls, and such other factors as the commissioner and State board may  deem necessary.

     L.1968, c. 177, s. 1, eff. July 19, 1968.