Authorizes establishment of charter school payment reserve account in school districts.

This bill authorizes New Jersey school districts to establish a "charter school payment reserve account" to cover unexpected increases in payments to charter schools. It directly affects school districts that initially budget less for charter school payments than the state's projection but later face higher costs due to actual student enrollment (as of October 15). Districts can fund the reserve through their annual budget or by transferring unspent revenue at year-end. The reserve is specifically for covering the gap between the budgeted amount and the revised payment based on actual enrollment, with interest earned potentially transferred to the district's general fund.