Sen. Claitor’s SB 267 is awaiting the governor’s signature.
Changing How Charters Are Funded
Currently, Type 1, 2, 3 and 4 charter schools are funded using the AVERAGE per pupil amount in the MFP. Hence, they get the same amount of money for a student whether that student is a regular education student or a special education student.
SB 267 changes charter funding in two ways:
1. It requires Type 1, 2, 3 and 4 charters to be funded based on the money inside the formula for the individual students they educate – not the average.
- Money will still follow the student, but the amount of money will better reflect the cost budgeted in the MFP for that student. For a charter school that has a lower percentage of special needs students than the district, this change will lower the amount of money the school receives. If a charter exceeds the average, it will get more money.
Educate Now! agrees with this funding change. If a school is not educating special needs students, then they should not get the extra money the state allocates for these students. In New Orleans, we have some charters that enroll less than 5% special education students and others that have more than 20%. The amount of money schools receive should reflect these differences.