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Student Funding |
• State's basic funding formula (QBE) applies to all charters - each type of charter is funded differently.
• School districts dictate funding for locally approved charter schools, often resulting in inequities.
• State chartered special schools receive only state and federal funds unless approved by local referendum.
• For district charters, funds pass through the district. For all other schools, funds pass through the state.
• Average per pupil revenue - $7,216
"Quality basic education formula applies; grants, local tax revenue, and funds from local bonds. (a) A local charter school shall be included in the allotment of QBE formula earnings, applicable QBE grants, applicable non-QBE state grants, and applicable federal grants to the local school system in which the local charter school is located under Article 6 of this chapter. The local board and the state board shall treat a conversion charter school no less favorably than other local schools located within the applicable local school system unless otherwise provided by
law. The local board and the state board shall treat a start-up charter school no less favorably than other local schools within the applicable local system with respect to the provision of funds for instruction, school administration, transportation, food services, and, where feasible, building programs." [O.C.G.A. § 20-2-2068.1] |