New Jersey § 18a:24-12
Full text of New Jersey New Jersey Statutes § 18a:24-12, with citation guidance and answers to common questions.
§ 18a:24-12.
a. Notwithstanding the provisions of N.J.S.18A:24-10 or any other law, rule, or regulation to the contrary, the board of education of
a Type II school district without a board of school estimate may issue bonds without
the approval of the voters of the district in order to finance costs related to repairs
to school facilities and other furnishings and equipment that were damaged due to
a natural disaster, provided that the repairs are deemed to be necessary in order
to provide a thorough and efficient system of education in the school district. In the case of a Type II school district without a board of school estimate that
is under full State intervention or partial State intervention in which the governance
component of school district effectiveness has not been returned to the district,
notwithstanding the provisions of P.L.1991, c. 139 ( C.18A:7A-46.1 et seq. ) or any other law, rule, or regulation to the contrary, such bonds may be issued
without the approval of the capital project control board. The provisions of this section shall not be applicable to any Type II school district
without a board of school estimate that is an SDA district, as that term is defined
pursuant to section 3 of P.L.2000, c. 72 ( C.18A:7G-3 ). As used in this section, “ school facility ” means and includes any structure, building, or facility used wholly or in part for
educational purposes by a school district and facilities that physically support such
structures, buildings, and facilities, such as district wastewater treatment facilities,
power generating facilities, and steam generating facilities, but shall exclude other
facilities. b. (1) The issuance of bonds pursuant to this section shall be approved by the board
of education of the school district, or the State district superintendent in the case
of a school district under full State intervention or partial State intervention in
which the governance component of school district effectiveness has not been returned
to the district. The approval shall be evidenced by the adoption of a resolution by the board of
education in a public meeting upon an affirmative vote of two-thirds of its full membership. If the school district is under full or partial State intervention and the governance
component of school district effectiveness has not been returned to the district,
the approval shall be evidenced by a certification, affidavit, or other sworn statement
signed by the State district superintendent supporting the issuance. The resolution or certification, affidavit, or other sworn statement as applicable
shall, at a minimum: (a) certify support for the issuance of the bonds and authorize the submission of
an application to the Commissioner of Education pursuant to subsection c. of this
section; (b) petition the commissioner to authorize the issuance of bonds pursuant to this
section; (c) include the total estimated cost of the damage to school facilities and other
furnishings and equipment, caused by a natural disaster; (d) state the project or projects to be submitted to the commissioner and the amounts
to be raised for the project or projects; (e) the amount necessary to be raised by school bonds for repairs to the damage to
school facilities and other furnishings and equipment; and (f) the amount of funds, if any, that the school district has been or will be reimbursed
by an applicable disaster relief agency. (2)(a) In the event that the repairs for which bonds are to be issued pursuant to
this section are deemed to be a school facilities project that is eligible for State
debt service aid pursuant to P.L.2000, c. 72 ( C.18A:7G-1 et al.), the board of education or State superintendent as applicable shall apply
to the commissioner seeking approval for the school facilities project prior to the
adoption of a resolution or the signing of a certification, affidavit, or other sworn
statement pursuant to paragraph (1) of this subsection. The application shall be reviewed by the commissioner on an expedited basis pursuant
to a process to be established by the commissioner. The application shall include items to be required by the commissioner including,
but not limited to: a description of the school facilities project; a schematic
drawing of the project or, at the option of the district, preliminary plans and specifications;
a delineation and description of each of the functional components of the project;
educational specifications detailing the programmatic needs of each proposed space;
the number of unhoused students to be housed in the project; the area allowances
per FTE student as calculated pursuant to section 8 of P.L.2000, c. 72 ( C.18A:7G-8 ); and the estimated cost to complete the project as determined by the district. Notwithstanding the provisions of section 4 of P.L.2000, c. 72 ( C.18A:7G-4 ) or section 5 of P.L.2000, c. 72 ( C.18A:7G-5 ) or the provisions of any other law, rule, or regulation to the contrary, the approval
or disapproval of an application for a school facilities project pursuant to this
section shall not be contingent upon the school facilities project being consistent
or inconsistent with the school district's long-range facilities plan required pursuant
to section 4 of P.L.2000, c. 72 ( C.18A:7G-4 ) or upon the fact that the long-range facilities plan has not been amended to incorporate
the school facilities project. (b) Upon approval of an application submitted pursuant to subparagraph (a) of this
paragraph, the applicant board of education shall adopt a resolution approving the
issuance of bonds in a public meeting upon an affirmative vote of two-thirds of its
full membership. If the school district is under full or partial State intervention and the governance
component of school district effectiveness has not been returned to the district,
the approval shall be evidenced by a certification, affidavit, or other sworn statement
signed by the State district superintendent supporting the issuance. The resolution or certification, affidavit, or other sworn statement as applicable
shall include, in addition to the information required pursuant to paragraph (1) of
this subsection: (i) the amount needed to be raised by school bonds; (ii) the final eligible costs of the school facilities project as approved by the
commissioner; (iii) the total costs; (iv) the State share or State debt-service-aid percentage; (v) the local share, if applicable; and (vi) the excess costs, if applicable. c. (1) Upon the adoption of a resolution or the signing of a certification, affidavit,
or other sworn statement pursuant to subsection b. of this section, a board of education
or State district superintendent as applicable shall apply to the Commissioner of
Education for approval of the issuance of bonds for the purposes laid out in subsection
a. of this section. An application shall be submitted in a manner and in accordance with procedures
prescribed by the commissioner. At a minimum, the application shall: (a) demonstrate the need to borrow and that borrowing is necessary to provide a thorough
and efficient system of education and to meet an emergency caused by a natural disaster; (b) include the resolution adopted, or certification, affidavit, or other sworn statement
signed, pursuant to subsection b. of this section; and (c) demonstrate that reasonable efforts have been made to employ other methods provided
by law to finance repairs to school facilities and other furnishings and equipment
that were damaged due to a natural disaster. (2) A decision by the commissioner concerning the approval or disapproval of an application
shall be rendered to the applicant board of education or State district superintendent
within 15 business days of receipt of the application. d. (1) Notwithstanding the provisions of any law, rule, or regulation to the contrary,
in the event that the commissioner approves an application submitted pursuant to subsection
c. of this section, the principal of and interest on the bonds issued pursuant to
this section shall be repaid with funds of the school district. Notwithstanding the bond limitations on a school district pursuant to the provisions
of N.J.S.18A:24-19 or the provisions of any other law, rule, or regulation to the contrary, a school
bond may be issued in a manner prescribed in this section even if the principal amount
of the bond, when added to the net school debt of the district, exceeds the limitations
enumerated under N.J.S.18A:24-19 or under any other provision of law prescribing bond limitations on a Type II school
district without a board of school estimate. In the event that a school district exceeds the applicable bond limitations after
issuance of a bond pursuant to this section, the commissioner shall, along with the
approval of an application provided under subsection c. of this section, endorse the
commissioner's consent and shall record in writing that the borrowing is necessary
for the school district to provide a thorough and efficient system of education and
to meet an emergency caused by a natural disaster. (2) In addition to the amount of taxes determined by the legal voters of the district
at the annual school election, the secretary of the board of education shall certify
the amount required for the repayment of the interest and principal of the bonds required
to fund the local share amount approved by the commissioner in the same manner required
for interest and debt redemption charges pursuant to N.J.S.18A:22-33 , and the amount so certified shall be included in the taxes assessed, levied, and
collected in the municipality or municipalities comprising the school district for
those purposes.
Frequently Asked Questions About New Jersey § 18a:24-12
What does New Jersey Statutes § 18a:24-12 cover?
Section 18a:24-12 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 18a:24-12?
A common citation format is "New Jersey Statutes § 18a:24-12" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 18a:24-12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.