Venturesome Capital- State Charter School Finance Systems

Local funding provided only 122 million for charter

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Unformatted text preview: al funding provided only $12.2 million for charter schools in 1998-99. The U.S. Congress appropriated $16.8 million to make up the shortfall. Special Education and Limited-English Proficiency: Special education students are divided into four categories that generate extra funding: Weight Special Education Level 1 Level 2 Level 3 Level 4 Residential LEP Per-pupil Supplement +0.22 +0.80 +1.13 +1.73 +1.70 +0.40 $1,210 All services in regular classroom $4,400 Student leaves classroom (less than 25% of day) $9,515 Student leaves classroom (more than 50% of day) $9,460 Self-contained classroom $9,350 Student resides at school facility $2,200 In 1997-98, D.C. public schools served only about 10 percent of students in special education programs, but the district has a reputation for procedural delays in assessing children—delays that can last for years. Eventually, the District expects about 14 percent of students to need special education services. Currently, special education accounts for 20 percent of the school district budget when special education transportation is included. The charter school weightings clearly reflect that the average special education student costs well over twice as much as the average regular student. 120 Appendix District of Columbia Categorical Programs: This concept is not applicable to D.C. because it is both a state education agency and a school district. To the extent that the central administration allocates categorical-type funding to individual schools, these monies are already averaged into charter school funding. Low-Income Students: As with regular public schools, the income or poverty status of students is not a specifically identifiable factor in the charter school funding formula. Transportation: Charter school students are entitled to transportation, including reduced fares on D.C. public transportation systems on the same basis as regular students. The D.C. transportation program is driven primarily by special education transportation, which accounts for 95 percent of expenditures. Capital Finances: Charter schools in Washington, D.C., received a facilities allowance of $617 per pupil in 1998-99. The funds can be spent for any purpose, not just for facilities. The facilities allowance for 1999-2000 increases to $1,058 per pupil, approximately the average per-pupil capital expense in other public schools for the prior fiscal year. Almost all capital improvement programs in traditional District of Columbia public schools are devoted to the repair of leaky roofs, broken windows, lead paint and asbestos removal, poor lighting, inadequate heating, inoperable bathrooms and other repairs. Some charter schools occupy former district schools and are using facility funds for exactly the same purposes. Public schools already have excess property for sale, and many schools are underutilized. Charter school operators are allowed to purchase or lease (including lease with option to purchase) public school facilities at a 15 percent to 25 percent discount. Federal Fund...
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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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