|
• Charter funding based on expenditures, not revenue, and is typically 70-82 percent of revenue, depending on the district.
• Districts receive impact aid from the state for the first year a student attends a charter school.
• Funds pass through district.
• Average per pupil revenue - $8,663
"For non-special education students, the charter school shall receive for each student enrolled no less than the budgeted total expenditure per average daily membership of the prior school year, as defined in section 2501(20), minus the budgeted expenditures of the district of residence for nonpublic school programs; adult education programs; community/junior college programs; student transportation services; for special education programs; facilities acquisition, construction and improvement services; and other financing uses, including debt service and fund transfers as provided in the Manual of Accounting and Related Financial Procedures for Pennsylvania School Systems established by the department. This amount shall be paid by the district of residence of each student." [24 P.S. § 17-1725-A(2)] |