World Library  
Flag as Inappropriate
Email this Article

New Jersey Schools Development Authority

Article Id: WHEBN0004172034
Reproduction Date:

Title: New Jersey Schools Development Authority  
Author: World Heritage Encyclopedia
Language: English
Subject: New Brunswick, New Jersey, Hoboken, New Jersey, Abbott district
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

New Jersey Schools Development Authority

State of New Jersey
Schools Development Authority
Agency overview
Formed 2007
Preceding agency
  • New Jersey Schools Construction Corporation
Jurisdiction New Jersey
Headquarters 1 West State Street, Trenton, NJ 08625
Agency executive
Website http://www.njsda.gov/

The New Jersey Schools Development Authority (NJSDA or SDA) is a public agency in the U.S. state of New Jersey that is responsible for implementing an overhaul of the educational infrastructure of hundreds of schools in districts throughout all 21 counties of the State of New Jersey. It is an independent authority in but not of the Department of the Treasury.

The legislation allocated $2.9 billion for 31 special-needs districts, known as SDA Districts. The Authority fully funds and manages new construction and modernization of school facilities projects in SDA Districts. Other SDA projects for which the Authority is responsible are renovations and repairs deemed emergent by the New Jersey Department of Education due to potential health and safety reason.

The legislation also allocated $1 billion to leverage construction in New Jersey's Regular Operating Districts (RODS) and includes $50 million for vocational schools. The SDA administers grants, with a minimum state share of 40 percent of eligible project costs to RODs, which manage their own projects.

The SDA is governed by an 11 member Board of Directors who are nominated by the Governor and confirmed by the Senate.

Marc Larkins serves as head of the Schools Development Authority, having assumed the position as of February 26, 2010, when he succeeded Kris Kolluri.

Schools Construction Corporation

The SCC was created on July 18, 2000 when the New Jersey Educational Facilities Construction and Financing Act was signed into law. The law created a program for financing, design, renovation, repair and new construction of primary and secondary schools in New Jersey. The law significantly changed the level of State aid for public school construction. Previously, school districts received State aid for construction debt at the same percentage as their State aid for operating costs, making almost half of the State's school districts ineligible for any construction aid. The new law guaranteed construction aid for every school district in New Jersey. The minimum level of aid was 40%, and Abbott Districts received 100% of eligible costs. Cost overruns and charges of corruption led to criticism of the

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 



Copyright © World Library Foundation. All rights reserved. eBooks from Hawaii eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.