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Implications Of A
District-Sponsored
      Charter
  Provisions Of ARS 15-185
Our School District Can Charter TVES
To Increase Overall Funding
   Why?
       The difference between the funding model for traditional public
        schools and the one for district-sponsored charter schools
        represents a significant funding boost.
   Why TVES?
       Arizona law says you have to have a traditional public school
        available at each level (elementary, junior high, high school), so
        we’d keep ACES a traditional public school.
       TVES is the larger of our two elementary schools, and would
        yield the greatest amount of funding.
What ARS 15-185 Establishes
   Send our school board-approved charter,
    an application and an estimated student
    count to the state board of education to
    receive base support level funding plus
    “additional assistance” of $1654 per
    student.
No Big Changes Thanks To Local
Control
All charter policies would be approved by the
  same school board
     No changes to educational program
     No changes to employee classification, pay or
      benefits
A Little Vocabulary Before We
Move On
   SFB: School Facilities Board. This agency used
    to provide building renewal funds.
   CORL: Capital Outlay Revenue Limit. Funds for
    expenditures outside the classroom, such as tools
    and equipment.
   Soft Capital: Funds for school buses and
    instructional materials such as textbooks.
   Sudden Growth: Funds for new students not
    budgeted at start of current school year
Traditional School Funding
   Base Support Level:     $3300
   SFB Building Renewal: $0 since 2008
   CORL:                   $140 last year
    (Down from $263 in 2004-05)
   Soft Capital:           $33 last year
    ($0 in 2011-12, down from $226 in 2004-
    05)
             Bottom Line: $3473 per student
District-Sponsored Charter School
Funding
   Base Support Level             $3300
   Additional Assistance          $1654
       No SFB, no CORL, no Soft Capital
       No sudden growth funding
               Bottom Line: $4954 per student
Comparison Of Bottom Lines
   Traditional Public      District-Sponsored
    School Model             Charter Model
                              $4954
     $3473
                                Per Student
        Per Student
Timing: Option 1
   Submit district-sponsored charter and
    application before June 30
       Initiate change in time for 2013-14
Timing: Option 2
   Submit district-sponsored charter and
    application after June 30
       Initiate change in time for 2014-15
            Optimize fiscal year 2013-14 of sudden growth
             funding by reaching district capacity of 2100
             students
               Then, get funded as a district-sponsored charter school
                starting in 2014-15
Timing: Option 3
   Submit district-sponsored charter and
    application before June 30 and choose not
    to declare any new students as charter
    students until 2014-15
       This preserves sudden growth funding for next
        year while avoiding the risk of legislative changes
        which may close the window of opportunity
        pending legal review
Funding Forecast
   Year 1
       60 new district-sponsored charter students @
        $1654
            School funding formulas bring total to $130K
   Year 2
       600 district-sponsored charter students @ $1654
            School funding formulas bring this to $750K-
             $900K
Conclusion
   Establishing a district-sponsored charter for
    Tanque Verde Elementary is a great
    financial move once the time is right.
       The time will be right after the district reaches
        capacity and receives its final sudden growth
        funding.

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Implications Of A District-Sponsored Charter For TVUSD

  • 1. Implications Of A District-Sponsored Charter Provisions Of ARS 15-185
  • 2. Our School District Can Charter TVES To Increase Overall Funding  Why?  The difference between the funding model for traditional public schools and the one for district-sponsored charter schools represents a significant funding boost.  Why TVES?  Arizona law says you have to have a traditional public school available at each level (elementary, junior high, high school), so we’d keep ACES a traditional public school.  TVES is the larger of our two elementary schools, and would yield the greatest amount of funding.
  • 3. What ARS 15-185 Establishes  Send our school board-approved charter, an application and an estimated student count to the state board of education to receive base support level funding plus “additional assistance” of $1654 per student.
  • 4. No Big Changes Thanks To Local Control All charter policies would be approved by the same school board  No changes to educational program  No changes to employee classification, pay or benefits
  • 5. A Little Vocabulary Before We Move On  SFB: School Facilities Board. This agency used to provide building renewal funds.  CORL: Capital Outlay Revenue Limit. Funds for expenditures outside the classroom, such as tools and equipment.  Soft Capital: Funds for school buses and instructional materials such as textbooks.  Sudden Growth: Funds for new students not budgeted at start of current school year
  • 6. Traditional School Funding  Base Support Level: $3300  SFB Building Renewal: $0 since 2008  CORL: $140 last year (Down from $263 in 2004-05)  Soft Capital: $33 last year ($0 in 2011-12, down from $226 in 2004- 05)  Bottom Line: $3473 per student
  • 7. District-Sponsored Charter School Funding  Base Support Level $3300  Additional Assistance $1654  No SFB, no CORL, no Soft Capital  No sudden growth funding  Bottom Line: $4954 per student
  • 8. Comparison Of Bottom Lines  Traditional Public  District-Sponsored School Model Charter Model  $4954  $3473 Per Student Per Student
  • 9. Timing: Option 1  Submit district-sponsored charter and application before June 30  Initiate change in time for 2013-14
  • 10. Timing: Option 2  Submit district-sponsored charter and application after June 30  Initiate change in time for 2014-15  Optimize fiscal year 2013-14 of sudden growth funding by reaching district capacity of 2100 students  Then, get funded as a district-sponsored charter school starting in 2014-15
  • 11. Timing: Option 3  Submit district-sponsored charter and application before June 30 and choose not to declare any new students as charter students until 2014-15  This preserves sudden growth funding for next year while avoiding the risk of legislative changes which may close the window of opportunity pending legal review
  • 12. Funding Forecast  Year 1  60 new district-sponsored charter students @ $1654  School funding formulas bring total to $130K  Year 2  600 district-sponsored charter students @ $1654  School funding formulas bring this to $750K- $900K
  • 13. Conclusion  Establishing a district-sponsored charter for Tanque Verde Elementary is a great financial move once the time is right.  The time will be right after the district reaches capacity and receives its final sudden growth funding.