Venturesome Capital- State Charter School Finance Systems

Transportation 4 federal funding title i special

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Unformatted text preview: strict-provided transportation per member, not user, is based on the state average. 170 Appendix Rhode Island Rhode Island Base Funding: Charter schools receive the average per-pupil cost from the student’s district of residence. Funding based on expenditures includes financial support for special education (including infant, toddler and preschool programs), private school transportation, community service, adult education and student activities including athletics. Charter schools pay back to the sending district 5 percent of charter school funding to acknowledge that when a student moves to a charter school, the sending district is not able to reduce costs by 100 percent. The state calculates the average state aid per pupil, weighted for poverty and tax effort, and pays the funds to the charter school. The district pays the average local revenue per pupil from each student in a district enrolled in a charter school. If the local school district is more than 30 days late in making local share payments to a charter school, the state deducts the amount from state aid and directly pays the charter school. Grade Level Funding Adjustments: None exist for school districts or charter schools. Funding Based on School District Characteristics: No adjustments for sparsity, school size or enrollment growth. Special Education: All special education spending (averaging about $1,100 per pupil or about 15 percent to 20 percent of total spending) is included in per-pupil charter school funding. The law mandates that charter schools reflect the diversity of students in the school district and as such, reflect the district’s average special education population. In a typical school district in Rhode Island, approximately 20 percent of special education spending is devoted to the homebound, intensive disabilities, non-public day school, preschool and residential special education students. Charter schools receive this portion of special education spending even though it is highly unlikely that charter schools will or should ever serve these types of students. Appendix 171 Venturesome Capital: State Charter School Finance Systems Categorical Funding: As a component of average cost per pupil, categorical funding is distributed to charter schools based on prior year per-pupil average categorical program expenditure. Categorical programs support literacy, student equity, early childhood, technology, professional development, language assistance, instructional equity and targeted aid programs. Charter schools receive average categorical funding whether or not their student population is participating in the funded programs. Transportation: Charter schools receive the school district average expenditure for public, non-public and special education transportation no matter whether the charter schools have a transportation need that is greater or less than the average. Charter schools can negotiate with the district to provide transportation, or charter schools devise their own plan. Capital Outlay and Facili...
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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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