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Private Contributions: Charter schools can accept private contributions, but only for start-up purposes of capital facilities and must report them to the state. Cost Basic Elementary
Weighted FTE calculations
Total weighted FTE Urban At-Risk
130.0 $ 3,935 $ 3,712 $ 4,380 $ 3,712 $ 4,826 $ 3,712 $ - (0 FTE) $ 105 (3 FTE) $ 109 (6 FTE) $ - (0 FTE) $ 345 (11FTE) $ 690 (22 FTE) $ - (0 FTE) $ 133 (26 FTE) $ 536 (52 FTE) 6. Transportation
7. Federal funding
Bilingual and immigrant
Other federal programs $
$ 53 $
53 Total revenue $ 4,248 $ 5,455 $ 6,833 Facilities lease aid $ $ $ 1. Base funding per FTE 1.06
1.30 Middle Cost K-12
b 2. Limited-English proficiency
3. Special education b
c 4. Compensatory education
5. Basic skills aid
d 465 465 465 ASSUMPTIONS: Each school has 100 students. Basic elementary charter school enrolls only students who
are not at risk and have no special needs. Middle cost K-12 charter school has the same student population
characteristics as the average Minnesota district. At-risk upper grade charter school has twice the
concentration of special education and at-risk students as the Minnesota average.
a Base funding pays for about 40 percent of special education and LEP costs. Pension adjustment of $47 per
weighted pupil has been subtracted from basic weighting allowance of $3,759.
State LEP, special education and compensatory aid calculations are described in the footnotes in the
Estimated at $513 per compensatory education pupil in middle cost school and $1,031 per pupil at upper
Transportation sparsity and transition revenue are estimated to be $53.46 per pupil. This calculation is based
on data for the Skills for Tomorrow Charter School supplied by the Minnesota Department of Children,
Families and Learning. Transportation funding does not include the value of services provided to low income
families. Appendix 157 Venturesome Capital: State Charter School Finance Systems New Jersey
Base Funding: Charter schools receive per-pupil funding based on revenue that would have been generated by charter school students in their districts of residence. The state
calculates base funding adjusted for grade level differences based on a weighting formula.
Revenue allotted to special education, transportation of district students (5.4 percent of
spending), and transportation provided to private school students (1.4 percent of spending)
is included in the base amount. Charter schools get 90 percent of this amount. The state
commissioner of education can, however, increase the percentage. The commissioner has
exercised this power in a handful of cases, e.g., for a charter school that offered full-day
Grade Level Funding: Per-pupil base funding is multiplied by a weighting formula that counts elementary school students at 1.00,...
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- Spring '09