Section 706 – Small charter school base funding.

• (1) Subject to legislative appropriation, the state board shall distribute small charter school base funding in the following amounts to charter schools with 2,000 or less students:
  • (a) for a charter school with 300 students or less, $40,000;
  • (b) for a charter school with 301 to 400 students, $35,000;
  • (c) for a charter school with 401 to 500 students, $30,000;
  • (d) for a charter school with 501 to 600 students, $25,000;
  • (e) for a charter school with 601 to 1,000 students, $20,000; and
  • (f) for a charter school with 1,001 to 2,000 students, $15,000.

• (2) A charter school’s eligibility for small charter school base funding is determined by the charter school’s student enrollment on October 1 of a given year.

• (3) Notwithstanding this section and subject to legislative appropriations, the state board may distribute to charter schools, regardless of size, one-time funding that the Legislature appropriates to mitigate funding losses as described in legislative appropriations.

Amended by Chapter 439, 2021 General Session