ERIC Number: ED448514
Record Type: RIE
Publication Date: 2000-Dec
Reference Count: N/A
Venturesome Capital: State Charter School Finance Systems. National Charter School Finance Study.
Nelson, F. Howard; Muir, Edward; Drown, Rachel
This report examines the laws, regulations, and practices governing charter-school finance during the 1998-99 school year. The 23 states and 2 cities surveyed here had operative charter schools during 1997-98, and thus had a least one year of experience in implementing laws and developing financial practices. The report includes an estimation of the actual dollar amounts that states allocate to charter schools based on the types of students enrolled, and discusses numerous other factors central to charter-school funding. The analysis outlines the range of per-pupil funding that charter schools can expect to receive in each state. Issues regarding school-district fidelity to state law are not addressed in the report. After an introduction, a review of previous research on charter-school finance is provided. This is followed by a description of the methodology used to collect data, including the procedures used to create the hypothetical charter schools that underlie the funding comparisons in the report. The next chapter gives an overview of funding and includes sections on base per-pupil funding and funding linked to student characteristics or geographic location. The report also discusses startup funding, facilities funding, and transportation funding. The last chapter examines the comparability of charter school and school-district funding. (RJM)
Descriptors: Charter Schools, Educational Finance, Educational Legislation, Educational Policy, Elementary Secondary Education, Financial Policy, Financial Support, Nontraditional Education, State Aid
ED Pubs, P.O. Box 1398, Jessup, MD 207994-1398. Tel: 877-433-7827 (Toll Free). For full text: http://www.ed.gov.
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Office of Educational Research and Improvement (ED), Washington, DC.