Venturesome Capital- State Charter School Finance Systems

A based on indexes not pupil counts basic and middle

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Unformatted text preview: at-risk programs. Except for special education, charter schools get the school district average whether or not they enroll students or provide programs generating the funds. This funding scheme works to the disadvantage of charter schools with high-cost students. In addition to state allotments for a variety of purposes, charter schools receive “local” funds that average about $1,000 and range from $500 to $1,800. Grade Level Funding Adjustments: Although school districts generate funding based on grade level, charter school funding does not distinguish between grades. For school districts, the weighting occurs in the formula allocating classroom teachers. Funding is based on teacher to pupil ratios of 1:23 for kindergarten, 1:26 for grades 1-9, and 1:28 in grades 10-12. Classroom teacher assistants are allocated to K-3 grades only. Charter high schools or middle schools do not get grade level weights and may be underfunded compared to regular high schools and elementary charter schools. Funding Based on School District Characteristics: Funding is adjusted for geographic isolation. The formula is based on the property-weighted sales potential, agricultural use value, existing utilities and county personal property. Special Education: In 1998-99, school districts obtained $2,346 per special needs student, with funding capped at 12.5 percent of enrollment. Thus, when the percentage of students who are handicapped exceeds 12.5 percent, the funding per pupil served falls below $2,346. One school district obtained only $1,763 per handicapped pupil served. Charter schools receive the average special education revenue per child actually served from the school district the disabled student previously attended. Funding could range from $1,763 to $2,346 per special needs student. Charter schools obtain less special education funding when disabled students come from school districts with a high proportion of special needs 164 Appendix North Carolina students. Although the funding cap eliminates the incentive for school districts to identify more children as handicapped in order to obtain extra funding, charter school funding is not capped. Additionally, funding is the same both for low- and for high-cost special needs students. As a consequence, a financial incentive exists for charter schools to enroll students with low-cost disabilities. State funds for children with disabilities are allotted based on the number of students who were included in the April 1 head count. If a child was not included in a school district head count, the charter school will not receive funds for that child. Each subsequent year, charter schools submit their own head count on April 1. Other State Categorical Funding: Categorical programs in North Carolina include gifted and talented (about $31 per member), vocational education (ranging from $184 to $204 per enrolled student), staff development, transportation and at-risk funding. Categorical aid is incorporated into the average per-pupil operating fund calculation. Thus,...
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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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