Venturesome Capital- State Charter School Finance Systems

Columbia 268 33 21 134 456 florida georgia 137 135 54

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Unformatted text preview: er Pupil (Programs Applicable to Charter Schools) Special Title I Grants Education Bilingual/ Other Total to School State Grant Immigrant Federal Federal Districts (75%) Alaska $125 $51 $9 $91 $276 Arizona 127 36 11 49 224 California 134 38 14 52 239 Colorado Connecticut 98 123 40 59 7 4 48 58 193 244 Delaware 151 53 2 100 307 District of Columbia 268 33 21 134 456 Florida Georgia 137 135 54 39 7 1 58 52 256 228 Hawaii 96 32 6 57 192 Illinois 161 52 6 64 283 Kansas Louisiana 113 238 46 45 3 3 54 74 216 360 Massachusetts 147 65 5 64 280 Michigan 195 46 1 68 309 Minnesota New Jersey 102 123 47 63 2 4 53 60 204 250 New Mexico 172 54 20 64 310 North Carolina 106 47 0 51 204 Pennsylvania Rhode Island 175 152 46 63 1 10 65 84 288 308 South Carolina 139 53 0 59 251 Texas 155 45 6 57 263 Wisconsin 147 51 1 63 263 Source: Federal Funds Information Service Revenues and Expenditures Excluded from State Profiles The following items are generally excluded from the state profiles in the appendix for both charter schools and school districts: Food service. In school districts, food service generally accounts for approximately 4 percent of total spending, but food service programs are generally self-funded by state and 26 Methodology federal assistance combined with meal charges. The programs are self-sufficient even without free- and reduced-price lunch and breakfast programs (which essentially provide assistance for meal charges). Food service programs are accounted for by a restricted, segregated, revolving enterprise or proprietary fund. The funds are easy to identify and separate from educational expenditures. This study found no state that automatically passed along to any charter schools food service funding or funding based on food service costs. Charter schools charge students for meals just as school districts do, but like other state and federal categorical programs, the administrative burden of state and federal categorical funding is a problem for small charter schools. Many charter schools contract with school districts or private providers able to provide self-funding food service programs. Food service could be a focal point of cooperation between charter schools and school districts. Chicago, for example, recommends that its charter schools choose school district food service, which is provided at no charge. Many charter schools provide no food service program whatsoever, and many other charter schools pay for food service programs from general operating revenue. Other work of the National Charter School Finance Study will explore the frequency and cost of this practice. Federal and state vocational education funding. Charter high schools providing vocational education are eligible for significant amounts of state and federal vocational education assistance. Because a specialized charter is generally required, this funding source is not fully explored in this study. Federal start-up funding. The hypothetical charter schools are assumed to be fully operatio...
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