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Charter Schools Would See Less Money Under Proposed School Funding Formula

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Ohio Public Radio
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The bi-partisan school funding plan proposed by two state lawmakers would cost one billion dollars more than the current formula. 

The plan did not include funding for charter schools. Now it appears the plan will allocate less money for charters than for public schools. Ohio Public Radio's Karen Kasler reports.  

Sources say the new formula would allocate $6220 for each charter school student in the first year. That’s just $200 more than the current state aid per student. But the new formula would increase the average funding for each traditional public school student to over $7300. Chad Aldis is with the pro-charter group the Fordham Institute, which operates some charters in Ohio. He wants to know specifics on other funding that charters now get, such as for kids in poverty.

$200 more in the base funding amount could result in a lot less money for charter schools.  Right now, we simply don’t know.”

Representatives. Bob Cupp and John Patterson are still working on the final details of their formula, which they hope could be part of the House version of Governor Mike DeWine’s budget. DeWine says he’d like lawmakers to stick with his proposal. 

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