New York Charter School Funding Formula Explained

 

 

"#$%&'% ("#))* +,-./-0 +)%1,*$ 2$)'3&$4,5 3 >K(&01& L>K''4NL O&/P(&+ L'.&>1 '= =.6)/6M >'P1L =&'P 0K1 L>K''4 )/L0&/>0@LB '= &1L/)16>1 '= 0K1 L0.)160L (0016)/6M 0K1 L>K''4, O.&L.(60 0' Q).>(0/'6 R(* S :A$C@#BJ &678 9:;<7;= 9>?@:AB B@>:;C8 C> >;AD BEE?>F7@BCGAD CH>IC67?<8 >9 C6G 8EG;<7;= AGJGA C6BC 8K6>>A <78C?7KC8 8EG;< EG? 8C:<G;C L/6>1 8C:<G;C  L/6>1 /0 )'1L 6'0 >'.60 =(>/4/0+ (6) )150 L1&T/>1 >'L0L, (6) L91*L 0K1 K/MK1& *1/MK0/6ML ='& LO1>/(4 1).>(0/'6 (6) K/MK L>K''4 L0.)160L (M(/6L0 0K1 >K(&01& L>K''4LJ GK/L =.6)/6M /L >(4>.4(01) 5+ 0K1 -0(01 Q).>(0/'6 U1O(&0P160 ='& 1(>K L>K''4 )/L0&/>0 /6 0K1 ='44'*/6M *(+?

  U/T/)/6M ( )/L0&/>0NL 3OO&'T1) <O1&(0/6M QIO16L1L 5+ 0K1 G'0(4 3/)(541 V.O/4 W6/0L ='& 0K1 +1(&

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O&/'& 0' 0K1 X5(L1 +1(&,Y /J1J, 0K1 L0(0.0'&+ P10K') '= 'O1&(0/6M 1IO16L1L '6 ( O1& O.O/4 5(L/LZ (6) [6>&1(L/6M 0K/L (P'.60 5+ 0K1 0*'E+1(& M&'*0K &(01 /6 L0(01*/)1 3OO&'T1) <O1&(0/6M QIO16L1L =&'P 0*' +1(&L O&/'& 0' 0K1 5(L1 +1(& 0' 0K1 5(L1 +1(&J +1(&J GK/L /6=4(0/'6(&+ =(>0'& =(>0'& /L 61>1LL(&+ L/6>1 0K1 1IO16)/0.&1 (P'.60L (&1 '.0)(01) *K16 )101&P/6/6M 0K1 61I0 +1(&NL >K(&01& L>K''4 O(+P160LJ

[0 /L /PO'&0(60 0' 6'01 0K(0 0K1&1 (&1 6.P1&'.L *(+L 0' >(4>.4(01 L>K''4 )/L0&/>0 LO16)/6M '6 ( O1& O.O/4 5(L/L 5+, ='& 1I(PO41, .L/6M (>0.(4 16&'44P160 '& 3T1&(M1 U(/4+ 30016)(6>1, '& /6>4.)/6M !""  )/L0&/>0   )/L0&/>0 1IO16L1L &(0K1& 0K(6 ( L.5L10 '= 'O1&(0/6M >'L0LJ GK1 >(4>.4(0/'6 ='& >K(&01& L>K''4L @3<Q\G3VWB @3<Q\G3VWB /L 0K1 LP(441L0 L.>K >(4>.4(0/'6 ='& 0*' 5(L/> &1(L'6L?

  3OO&'T1) <O1&(0/6M QIO16L1L )' 6'0 >(O0.&1 (44 'O1&(0/6M 1IO16L1L (6) (4L' 1I>4.)1L >(O/0(4

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(6) )150 L1&T/>1, O.&L.(60 0' Q).>(0/'6 R(* S FC2:@#B@0BZ (6)

  G'0(4 3/)(541 V.O/4 W6/0L, /6 0K1 ='&P.4(NL )16'P/6(0'&, /6=4(01 /6=4(01LL 0K1 6.P51& '= (>0.(4 L0.)160L

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5(L1) '6 K/MK1& X*1/MK0/6MLY M/T16 0' LO1>/(4 1).>(0/'6 (6) K/MK L>K''4 L0.)160L EE 0K1&15+ "#$%&'() 0K1 1IO16)/0.&1 >(4>.4(0/'6 ='& >K(&01& L>K''4L 5.0 (&M.(54+ P'L0 &1=41>0/T1 '= )/L0&/>0NL LO16)/6M L/6>1 K/MK1& *1/MK01) L0.)160L M161&(01 M&1(01& 1IO16L1L LK'*6 /6 0K1 6.P1&(0'&J ]K(&01& L>K''4L, 0K1&1='&1, )' 6'0 &1>1/T1 61(& 0K1 (>0.(4 >'L0 O1& L0.)160 0K(0 0K1 L>K''4 )/L0&/>0L LO16) /6 0K1/& '*6 L>K''4LJ [6L01(), >K(&01& >K(&01& L>K''4 3<Q\G3VW &1T16.1 (P'.60L 0' (OO&'I/P(014 (OO&'I/P(014+ + 0*'E 0K/&)L '= 0K1 (P'.60 L>K''4 )/L0&/>0L LO16) O1& L0.)160J ^K16 /6E9/6) )/L0&/>0 L1&T/>1L 0' >K(&01& L>K''4L (&1 ())1)_/6>4.)/6M 0&(6LO'&0(0/'6, 01I05''9 (6) L'=0*(&1 4'(6L, (6) 4/P/01) 6.&L/6M L1&T/>1L_>K(&01& L>K''4L &1>1/T1 (OO&'I/P(014+ ;$ O1&>160 '= 0K1 )/L0&/>0 1IO16)/0.&1L O1& L0.)160J

"#$ %&'()*(+, -./01 ##2, 345(6+, 71* 8'&9 #::2; <==/>1? @$#AB C"DEF##2 G'44 H&11? @A$$BC"DEF##2 H(I? @$#AB C"DEF##$ ***J61>K(&01&LJ'&M

 

 

GK1 >'PO'6160L '= 0K1 >K(&01& L>K''4 O(+P160 ='&P.4( (&1 (L ='44'*L?

  3OO&'T1) <O1&(0/6M QIO16L1 @3<QB? 344 >(LK 1IO16)/0.&1L 1I>4.)/6M >(O/0(4, )150 L1&T/>1,

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`&'*0K /6 -0(01*/)1 3<Q? 3OO&'T1) <O1&(0/6M QIO1 QIO16L1L 6L1L (&1 >(4>.4(01) (66.(44+ '6 ( L0(01*/)1 5(L/L (L (6 (MM&1M(01 P1(L.&1 P1(L.&1 '= (66.(4 'O1&(0/6M LO16)/6M ='& ='& (44 L>K''4 )/L0&/>0LJ -/6>1 >(4>.4(0/6M 3<Q\G3VW .L1L LO16)/6M =/M.&1L 0K(0 (&1 )(01), 0K1 4(* O&'T/)1L ( 0*'E+1(& M&'*0K &(01 /6 0K1 *+!+%$',% 3<Q 0' 51 (OO4/1) 0' 0K1 4(01L0 )/L0&/>0 3<Q\G3VW =/M.& =/M.&1, 1, *K/>K /L 0*' +1(&L O&/'& 0' 0K1 +1(& 51/6M >(4>.4(01), '& '61 +1(& O&/'& 0' 0K1 5(L1 +1(&J

4'%(4'"&/L'( -1T1&(4 O1&LO1>0/T1L O1&LO1>0/T1L 0' 911O /6 P/6)? #B 

->K''4 )/L0&/>0L 6'0 '64+ LO16) P'&1 '6 )/L0&/>0 L0.)160L 0K(6 >K(&01& L>K''4L &1>1/T1, 5.0 &1L/)160 >K(&01& L>K''4 L0.)160L (&1 >'.601) /6 ( )/L0&/>0NL )/L0&/>0NL 16&'44P160 >'.60 ='& L0(01 (/) O.&O'L1LJ

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-0(01 0&(6L/0/'6(4 (/) 0' >1&0(/6 )/L0&/>0L 5(L1) '6 O(+P160L 0' >K(&01& L>K''4L =.&0K1& /6>&1(L1L 0K1/& &1L'.&>1L 1T16 0K'.MK 0K1 L0.)160@LB )1O(&01) 0' 0K1 >K(&01& L>K''4J