New Jersey § 18a:7f-8
Full text of New Jersey New Jersey Statutes § 18a:7f-8, with citation guidance and answers to common questions.
§ 18a:7f-8.
The amounts payable to each school district and county vocational school district
pursuant to this act shall be paid by the State Treasurer upon the certification of
the commissioner and warrant of the Director of the Division of Budget and Accounting. Five percent of the appropriation for equalization aid, special education categorical aid, preschool education aid, security
aid, transportation aid, adjustment aid , and any other aid pursuant to P.L.2007, c. 260 ( C.18A:7F-43 et al.) shall be paid on the eighth and twenty-second of each month from September through June. If a local board of education requires funds prior to the first payment, the board
shall file a written request with the commissioner stating the need for the funds. The commissioner shall review each request and forward for payment those for which
need has been demonstrated. Facilities funds shall be paid as required to meet due dates for payment of principal
and interest. Each school district, county vocational school district, and county special services
school district shall file an annual report regarding facilities payments to the commissioner. The report shall include the amount of interest bearing school debt, if any, of
the municipality or district then remaining unpaid, together with the rate of interest
payable thereon, the date or dates on which the bonds or other evidences of indebtedness
were issued, and the date or dates upon which they fall due. In the case of a Type I school district, the board secretary shall secure the schedule
of outstanding obligations from the clerk of the municipality.
Frequently Asked Questions About New Jersey § 18a:7f-8
What does New Jersey Statutes § 18a:7f-8 cover?
Section 18a:7f-8 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:7f-8?
A common citation format is "New Jersey Statutes § 18a:7f-8" (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:7f-8 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.