Agenda - Council - 07/12/2022 - Laserfiche WebLink

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A charter school's membership is broken down into the number of students in each category and the number is multiplied by the relevant pupil units. The State allocates the applicable funding level for the charter school according to the total number of pupil units. The formula is defined as the State traditional school district average general education revenue per pupil unit, plus the referendum equalization aid allowance in the pupil's district of residence, minus a transportation allowance, which is an amount equal to the product of the formula allowing according to State law,multiplied by 0.0466, calculated without basic skills revenue, extended time revenue,alternative teacher compensation revenue,and transportation sparsity revenue,plus basic skills revenue,extended time revenue,basic alternative teacher compensation aid according to State law,and transition revenue as though the charter schools were a traditional school district. In the 2015 Legislative session, the State Legislature approved extended time revenue for charter schools at the rate of$17 per pupil unit beginning in fiscal year 2015-2016; however, this amount has steadily decreased and in 2019-2020 was at a rate of$14 per pupil unit. Transportation Revenue. Transportation revenue must be paid to a charter school that provides transportation. In addition to the general revenue calculated in the manner set forth in the previous paragraph, a charter school providing transportation services must receive general education aid equal to the sum of the product of an amount equal to the product of the formula allowance defined under Minn. Stat. § 126C.10, subd. 2, multiplied by 0.0466 plus the transportation sparsity allowance for the school district in which the charter school is located times the adjusted marginal cost pupil units,plus the product of$300 times the extend time marginal cost pupil units. Special Education Revenue. Special education revenue must be paid for each child with a disability. A charter school must be paid special education revenue as though it were a school district. The aid is equal to the State total special education aid multiplied by the ratio of the resident school district's initial special education aid to the State total initial special education aid. In the 2013 Legislative session,the State Legislature changed how charter schools were reimbursed for the portion of the aid paid by the resident school district of the student,also referred to as Tuition Billing. Charter schools will be responsible for 10%of the Tuition Billing amount that would have been charged to the resident district,which equates to approximately 4-6% of special education costs. Building Lease Aid. Building Lease Aid may be distributed to a charter school if the school finds that it is economically advantageous to rent or lease a building or land for any instructional purposes and determines that the total operating capital revenue is insufficient for its purposes. The Commissioner must review the school's request for aid and determine (a) whether the request is reasonable based on price of current market values, (b) whether the request conforms to applicable State laws and rules, and (c) the appropriateness of the lease in regards to the circumstances and needs of the charter school. The amount of Building Lease Aid per pupil unit served for a charter school for any year shall not exceed the lesser of: (i) 90 percent of the approved lease cost; or (ii) the product of the pupil units served for the current school year times $1,314. See also "APPENDIX B — MINNESOTA LAWS RELATING TO CHARTER SCHOOLS — Funding for Charter Schools"in this Official Statement. Compensatory Aid. Compensatory aid is distributed to a charter school based on the number of students who receive free or reduced lunch. See"APPENDIX B—MINNESOTA LAWS RELATING TO CHARTER SCHOOLS"in this Official Statement. 39