Section 705 – Grants for charter school start-up costs.

• (1)
  • (a) The State Charter School Board shall use money appropriated for charter school start-up costs to provide grants to charter schools to pay for expenses for the planning and implementation of a charter school.
  • (b) The State Charter School Board:
    • (i) may use up to 8% of the money appropriated for charter school start-up costs for financial monitoring of new charter schools and to provide professional development or technical assistance for charter school governing board members and staff of new charter schools; and
    • (ii) in accordance with rules adopted by the state board, may use up to $200,000 of the money appropriated for charter school start-up costs for a mentoring program for new and existing charter schools.

• (2) The amount of a grant for charter school start-up costs shall be based on the authorized enrollment of the charter school.

• (3) The state board shall make rules consistent with this section specifying:
  • (a) procedures for applying for and awarding grants for charter school start-up costs;
  • (b) permitted uses of grant money; and
  • (c) requirements for a charter school to submit the following to the State Charter School Board:
    • (i) a budget for the grant money; and
    • (ii) a final report on the expenditure of the grant money.

• (4) The state board shall make rules establishing a mentoring program for new and existing charter schools.

Amended by Chapter 186, 2019 General Session