Venturesome Capital- State Charter School Finance Systems

Federal funding title i special education bilingual

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Unformatted text preview: sic elementary charter school enrolls only elementary students who generate no extra funds. Middle cost K-12 charter school has the same student population characteristics as the average Georgia district. Basic and middle cost schools are located in Pickens, an average spending school district. At-risk upper grade school has twice the number of special education and at-risk students as the state average and is located in Atlanta. a Estimates use per pupil revenues rather than formula funding calculations. Local revenues are included and total revenues are extrapolated from state allotments. See text for details. b Categorical aids based on average amount per pupil enrolled, not served in a program. Appendix 129 Venturesome Capital: State Charter School Finance Systems Hawaii Base Funding: Similar to the District of Columbia, Hawaii has a single statewide school system. Charter schools receive funding equivalent to other public schools. No constitutionally or legislatively prescribed formula allocates funding to any district schools. The state board of education has no independent authority to raise funds or borrow money, which all come through the state legislature. Historically, the budgetary process has been a top-down, tri-level process. Legislation in 1994 shifted more authority for programs, curriculum and educational needs to the school level, and charter school legislation is one component of this shift. The original charter school legislation specified that each school should receive the statewide per-pupil (ADA) expenditure, listed as $5,400 in the legislation. However, the $5,400 figure was probably incorrect and contained legally restricted state and federal funding such as federal programs for low-income students, children with disabilities, and school lunch funds. In practice, Hawaii’s two charter schools get funding equivalent to other schools similarly situated. Central Administration: Central administration costs (not to exceed 6.5 percent of the board of education budget) are funded by a separate appropriation. Like other public schools, charter schools do not include any of this appropriation in the local school budget. Special Education: For special education students, charter schools should receive the same supplemental funding or services as other public schools. The state spends about $4,000 per special education student (averaging $300 per enrolled student); and only 7.5 percent of students are identified as students with disabilities. Compensatory Education and Bilingual Education: Programs for these students average about $100 per member. A program for low-achieving schools also exists. Transportation: Only about 5 percent of Hawaii’s students are transported, most for special education purposes. Transportation is provided directly by the state, not through the board of education and averages about $130 per student (not user). 130 Appendix Hawaii Capital Outlay and Facilities Financing: All charter schools are conversion schools. All school building and capital improvement projects in Hawaii are financed with cash and must be...
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This note was uploaded on 02/11/2013 for the course ECON 101 taught by Professor Smith during the Spring '09 term at Harvard.

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