Venturesome Capital- State Charter School Finance Systems

0 01 04 03 990 134 000 096 008 401 087 035 090 004

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Unformatted text preview: 0 0.00 0.00 0.00 0.00 639.00 0.2 60.0 8.0 0.0 0.4 0.1 0.1 0.1 7.0 0.1 0.2 0.1 200.0 0.67 2.40 0.48 0.04 2.01 0.43 0.17 0.45 0.02 0.16 0.56 0.68 297.30 $3,237 $2,533 $3,765 $2,533 1.4 1.5 0.0 99.0 0.00 154.34 0.4 0.0 16.0 0.0 0.8 0.1 0.2 0.2 14.0 0.1 0.4 0.3 99.0 1.34 0.00 0.96 0.08 4.01 0.87 0.35 0.90 0.04 0.32 1.12 1.35 165.68 $4,239 $2,533 b Student count add-ons Hearing impairment K-3 LEP MD-R, AR, and SMR-R MD-SC, A-SC, and SMR-SC Multiple disabilities Orthopedic (resource) Orthopedic (self-contained) ED, MIMR, SLD, SLI and OHI ED (private) Moderate MR Visual impairment Total 1. FY 1998-1999 base c d 2. State transportation aid 3. Federal funding Title I Special education Bilingual and immigrant Other federal programs $ 174 $ 174 $ 174 $ $ $ $ 49 $ 127 $ 36 $ 11 $ 49 $ 254 $ 72 $ 22 $ 49 Total revenue $3,460 $4,162 $4,810 4. Capital outlay revenue limit K-8 support level e 9-12 support level 9-12 textbook $ 249 $ 195 f $ 271 $ 195 $ 329 e $ 211 $ 329 $ $ 194 $ 302 $ $ e 5. Capital levy revenue limit 6. Additional capital Assistance f $ 248 $ 496 K-8 support level f 9-12 support level Facilities percent of current revenue Total revenue with facilities $ 194 70 $ 281 $ 70 $ 496 $ 569 211 $ 569 29% 25% per K-8 30% per 9-12 26% $4,453 $5,209 per K-8 $5,411 per 9-12 $6,081 ASSUMPTIONS: Table applies to state-sponsored charter schools. Basic elementary charter school is a 500 student elementary school with no special populations. Middle cost K-12 charter school is a 200 student high school and elementary school with the state average special populations. At risk upper grade charter school has 99 high school students with twice the state average concentration of special needs students. a Support level weight of .0.159 (K-8) or 0.279 (K-12) is incorporated into grade level/school size weight. MD-R (Multiple Disabilities-Resource), AR (Autism-Resource), SMR-R (Severe Mental RetardationResource), MD-SC (Multiple Disabilities-Self Contained), A-SC (Autism-Self Contained), SMR-SC (Severe Mental Retardation-Self Contained), ED (Emotional Disability), MIMR (Mild Mental Retardation), SLD (Specific Learning Disability), SLI (Speech/Language Impairment), and OHI (Other Health Impairments). c Add 3 percent for a school with a 200 day school year. d District-sponsored charter schools get significantly more transportation funding, but not school size weights (see text). e W FTE calculations based only on school size and grade-level weights. f Funding based on FTE count, not WFTE. b Appendix 105 194 Venturesome Capital: State Charter School Finance Systems California Base Funding: School districts authorize charter schools, but students are allowed to cross district lines to attend charter schools. Charter school and school district funding comes from the base revenue limit program and an extensive system of categorical funding averaging about $1,000 per student.1 For the 1997-98 school year, the base revenue limit averaged about $4,040 per pupil with most districts spending within $300 of the average...
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