SUMMARY: LC 33 7239  LC 33 7263S  LC 33 7467S

Would revise provisions related to state charter schools.

Would allow state charter schools to receive services from regional educational services agencies (RESA).

If the state charter has a CCRPI score at or above the state average, the state supplement shall be based on the statewide average of local funding OR the average local funding of the local district(s) in its attendance zone, whichever is less.  If the state charter's CCRPI is less than the state average, the supplement will continue to be calculated based on the lowest five school systems ranked by the assessed valuation per weighted FTE.

State charters established on or after July 1, 2018, shall be funded at under the current calculation but they will receive the difference retroactively if their CCRPI is at the state average or higher.

The calculation for the statewide average total capital revenue will exclude revenue bonds.

If a state charter terminates operations, all equipment and property purchased with state funds shall revert to the State Charter School Commission. 

If a state charter projects its enrollment to grow by more than 15% in a year, they can receive forward funding.  If the October count does not reflect such an increase, the funding will be corrected.

SB 405, a needs-based assistance grant, was attached to the bill. 

EFFECTIVE DATE:

July 1, 2018, if passed