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Teacher Freedom |
Yes for new starts. Teachers may remain covered by district policy, negotiate as separate unit with charter school governing body, or work independently. No for conversions. Teachers remain covered by the district employment policy. For new starts, the employee may continue to accrue benefits and credits in the South Carolina Retirement System by paying the employee contributions based upon the annual salary of the employee, and the charter school shall pay the employer contribution. |
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Student Funding |
• SCPCSD-authorized schools receive only state and federal funds. The average SCPCSD school receives $3,400 per student.
• Complex formula involving more than 33 budget categories allow school district manipulation.
• Funds pass through the district.
• Average per pupil revenue - $5,800 to $6,800
"A local school board of trustees sponsor shall distribute state, county, and school district funds to a charter school as determined by the following formula: the previous year's audited total general fund revenues, divided by the previous year's weighted students, then increased by the Education Finance Act inflation factor, pursuant to Section 59-20-40, for the years following the audited expenditures, then multiplied by the weighted students enrolled in the charter school, which will be subject to adjustment for student attendance and state budget allocations based on the same criteria as the local school district. These amounts must be verified by the State Department of Education before the first disbursement of funds.
(B) The South Carolina Public Charter School District shall receive and distribute state funds to the charter school as determined by the following formula: the current year's base student cost, as funded by the General Assembly, multiplied by the weighted students enrolled in the charter school, which must be subject to adjustment for student attendance and state budget allocations. These state funds are in addition to other funds to be received and distributed by the South Carolina Public Charter School District pursuant to subsections (C) and (D) of this section and Section 59-40-220(A). However, the South Carolina Public Charter School District may not retain more than two percent of its gross revenue for its internal administrative and operating expense" [S.C. Code Ann. § 59-40-140] |