Venturesome Capital- State Charter School Finance Systems

In such cases calculations for charter schools

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: o at-risk students located in a school district with state average spending, wealth and taxing characteristics. When charter school funding is directly linked to characteristics of the local public school district, spending differences generated by disparities in property wealth and tax effort are also reflected in charter school revenues. In such cases, calculations for charter schools located in a low-spending school district and a high-spending school district are incorporated into the analysis and the calculations are presented in a footnote or the state narratives. § Middle Cost K-12 Charter School—a K-12 charter school with student demographics (special education, free-lunch eligibility, and bilingual students) resembling the state average for public schools. This charter school is also located in a school district with state average spending, wealth and taxing characteristics. This model should characterize the average public school, but probably not the actual average charter school. In most states, the demographic and location characteristics of the average charter school rarely match the average public school. Nevertheless, funding for the hypothetical middle cost charter school can be fairly compared to state average funding for traditional public schools after making a number of other assumptions carefully detailed in other parts of this chapter. § At-Risk Upper Grade Charter School—an upper grade school with a high concentration of at-risk students. Generally, the state average concentration of special education, low-income and bilingual students is doubled. Unlike the other two hypothetical models, which are located in school districts with state average wealth and taxing characteristics, the at-risk hypothetical is assumed to be located in a central city. Generally, an at-risk school in a central city represents the high range of charter school funding. In some states, however, big cities get less funding than other school districts, and the 13 In subsequent reports, the National Charter School Finance Study will collect and analyze revenue data in all states with charter schools operating in 1997-98. Detailed expenditure data will be collected in Arizona, Colorado, Florida, Massachusetts, Michigan and Texas. 22 Methodology hypothetical at-risk charter school can end up receiving less funding than the middle cost charter school. These three constructs provide a range of cost structures and student types generally sufficient to illustrate how charter school funding works, even though any specific charter school would seldom fit exactly into one of these categories. The charter school finance laws, regulations, provisions and administrative practices in each state are applied to each of the three hypothetical charter schools. Generally, these calculations are intended to be illustrative and not based on actual data from specific charter schools or school districts. However, there may be instances where the practices of specific char...
View Full Document

This note was uploaded on 02/11/2013 for the course ECON 101 taught by Professor Smith during the Spring '09 term at Harvard.

Ask a homework question - tutors are online