ASSEMBLY APPROPRIATIONS COMMITTEE

STATEMENT TO

ASSEMBLY, No. 5847

STATE OF NEW JERSEY

DATED:  JUNE 19, 2025

      The Assembly Appropriations Committee reports favorably Assembly Bill No. 5847.

      This bill extends the deadline for the completion of a school district’s annual audit for the 2024-2025 school year.

      Under current law, the board of education of every school district is required to complete an annual audit of the school district’s accounts and financial transaction completed no later than five months after the end of the school year.  The school district’s accountant is required to file a report of the annual audit with the board of education, and within five days thereafter, the Commissioner of Education. This bill extends each of these deadlines for the 2024-2025 school year. The provisions of P.L.2023, c.305 similarly extended the deadline for the completion of a school district’s annual audit for the 2022-2023 and the 2023-2024 school years.

FISCAL IMPACT:

      This bill is not certified as requiring a fiscal note.