Venturesome Capital- State Charter School Finance Systems

Middle cost k 12 charter schoola k 12 charter school

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: ve states. — Total funding per pupil would exceed $6,000 in eight states and the District of Columbia. 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 3 Venturesome Capital: State Charter School Finance Systems average for public schools. This charter school is also located in a school district with state average spending, wealth, and taxing characteristics. — Half of the 23 states and two cities would receive at least $5,500 per pupil from all revenue sources. — Total funding would fall below $5,000 per pupil in four states. — Total funding per pupil would exceed $7,500 in five states and the District of Columbia. At-Risk Upper Grade School—an upper grade school with a high concentration of atrisk students. Generally, the state average concentration of special education, lowincome and bilingual students is doubled. The at-risk hypothetical is assumed to be located in a central city. — At-risk charter schools would generate less than $500 in extra funding per pupil— compared to a middle cost charter school—in seven states. — At-risk charter schools would generate more than $1,000 in extra funding per pupil—compared to a middle cost charter school—in seven states. Comparability of Charter School and School District Funding. A number of factors support claims that charter schools obtain less funding than school districts: Charter schools sometimes receive less than 100 percent of operating revenue. Charter schools usually do not receive funding to finance facilities and debt equivalent to districts. Charter schools may pay administrative fees to school districts or chartering authorities without receiving offsetting services. In some states, charter schools focused predominantly on special needs and at-risk students may be substantially underfunded. Several offsetting factors, however, benefit charter schools when judging funding comparability. Charter schools may receive “in-kind” services directly from school districts (e.g., oversight, transportation, special education services, personnel services, or facilities) that are not reflected in superficial revenue calculations. School districts may fund preschool programs, private school services, community outreach, adult education, vocational education and other activities that are justifiably withheld from charter schools. Charter schools can also configure their grade level structure, waiting lists and enrollment to generate optimal class size, staffing and funding. In some states, charter schools with few special needs students get funding equivalent to school district special education funding. As summarized in Table 26, our study finds that: § Funding comparability issues focus primarily on start-up charter schools. Conversion of pre-existing schools to charter school status, a model that predominates in Georgia, Hawaii, Kansas and Wisconsin, and is common in California, usually results in funding comparability. 4 Executive Summary § In general, charter schools and school districts have comparable base funding (excludes special education and compensatory education, transportation and funding for programs...
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