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• School board provides the charter with their annual budget, deducts any operational expenses and sets their own administrative costs.
• Funds pass through the district.
• Average per pupil revenue - $5,800
"A local school board shall provide an approved charter school with an annual program budget. The budget shall be not less than the amount generated by the students enrolled in the charter school less administrative costs retained by the local school district, determined by applying the indirect cost rate approved by the Department of Education and Early Development. The 'amount generated by students enrolled in the charter school' is to be determined in the same manner as it would be for a student enrolled in another public school in that
school district." [AK Stat. § 14.03.260] |