{"data":{"id":"us-nj/n.j.-stat.-18a-7g-10","jurisdiction":"us-nj","citation":"N.J. Stat. § 18A:7G-10","heading":"Issuance of school bonds, certificates of participation, determination of aid.","body":"10. For each issuance of school bonds or certificates of participation issued for a school facilities project approved by the commissioner prior to the effective date of P.L.2000, c.72 (C.18A:7G-1 et al.):\nAid is the sum of A\nwhere\nA = B x EQAID/AB\nand where\nB is the district's total debt service or lease purchase payment for the individual issuance for the fiscal year;\nEQAID is the district's equalization aid amount determined pursuant to section 11 of P.L.2007, c.260 (C.18A:7G-53); and\nAB is the district's adequacy budget determined pursuant to section 9 of P.L.2007, c.260 (C.18A:7F-51).\nFor county special services school districts, EQAID/AB shall be that of the county vocational school district in the same county.\nL.2000, c.72, s.10; amended 2007, c.260, s.43.","path":["TITLE 18A EDUCATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"53dbaf91c43f29826c3a4cb75861b7d25c25b96639a1140f775af6b8d8757cab","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-18a-7g-9","next":"us-nj/n.j.-stat.-18a-7g-11"},"notice":"GroundRules: Original legal text. Not legal advice."}