SCHOOLS/CHARTER: Provides relative to charter school funding (EN NO IMPACT See Note)
What changed between versions
Type 1 and Type 3 charter schools are now explicitly authorized to receive per-pupil funding amounts based on the state's minimum foundation program formula, aligning them with other charter types.
A fee of 0.25% of the amount charged to certain charter schools (Type 3B acting independently or Type 1, 3, or 4 acting independently) is withheld by the Department of Education to cover administrative oversight costs.
The rules for when a charter school can act as its own local education agency were refined to specify that Type 1, 3, and 4 schools remain under the local school board unless they are specifically authorized to act independently.
New provisions require the State Board to create rules defining financial obligations for charter schools acting as their own local education agencies and authorize the Superintendent to rescind this status if schools fail to meet those obligations.