Venturesome Capital- State Charter School Finance Systems

Previous chapters of our report examined these

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Unformatted text preview: The information in Table 26 summarizes many of the findings and also draws on information from the state profiles in the appendix. The rows in Table 26 describe the comparability of specific features of charter school funding to school district funding. Less or “L” indicates that charter schools have a funding disadvantage for a particular feature of the funding system relative to the host school district. Comparable or “C” indicates that the funding is comparable relative to the host district for a particular aspect of the funding system. More or “M” indicates that charter schools receive more funding than the host school district to accomplish the same task. “M” also indicates that charter schools get funding for services they may not provide such as adult education, preschool and payments to private schools for special education. The degree to which charter schools get less or more funding requires more detailed analysis; for this, the reader is referred to the state profiles in the appendix. A common table entry is L/C/M, indicating that a comparability assessment depends on the specific characteristics of the charter or the school’s students and programs. Financial comparability is uncertain in states like Colorado where negotiations over financial issues represent an important aspect of the charter. Uncertain comparability also arises in several states that fund charter schools based on average school district costs or revenues. Charter school funding in these states is comparable to host districts only when the student body resembles the host district’s student body. Otherwise, inequities emerge regarding revenue for special education, at-risk students, transportation and other funding designated for students or specific purposes. Charter schools with high-cost students and programs are not funded equitably. 84 Comparability of Charter School and School District Funding TABLE 26 Funding of Charter Schools Compared to Host School District AK AZ CA a CO CT DC DE FL IL b LA MA MI Milw c MN NJ d C C C L/C/M L/C/M C C C L/C/M C C C L/C/M L/C Base funding L/C e M C M M M C C C M M M M M C C Elementary and middle L C L L L C C C L L L L L C C Secondary C M C C L/C/M C C C C C C C C L/C/M C Size/sparsity/cost M M C C/M M C C C M M M C M C M Few special needs pupils C C C C M C C C C C C C C C C Average special needs L L C L/C M C C C L L L C L C L Many special needs pupils g h C M C C/M M M C C M C M C C Few low-income pupils C/M g C C C C C C C C C C C C C C Average low-income pupils g C L C L/C L L C C L L C L C C Many low-income pupils C C/M C L/C C C C L L C C C C C C Transportation j j j j L L/C/M L L/C L C L L L L L L/C L/C C Capital and facilities L/C C C/M C/M C C/M C/M C/M C/M C C/M C C/M C/M C C Teacher retirement L = Less, C = Comparable, and M = More funding for charter schools relative to host school districts. Excludes GA, HI, KS, NM and WI (except Milwaukee) because charter schools are funded on the same basis as traditional public schools. NC PA C M L C f M f C f L M C L C L C/M C M L C f M f...
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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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