Bill > A394

Introduced Session

Under current law, a school district of residence forwards a portion of its revenue to a charter school for each of its resident students enrolled in the charter school. Specifically, the district forwards an amount equal to 90 percent of the sum of its budget year equalization aid per pupil and prebudget year general fund tax levy per pupil, increased by the CPI. The school district of residence is not required to forward any portion of its adjustment aid to a charter school; in some cases, this leads to a situation in which the charter school receives substantially less per pupil funding than the school district of residence. This bill specifies that if the sum of 50 percent of the equalization aid per pupil and general fund tax levy per pupil is less than the school district of residence's adjustment aid per pupil, then the district would be required to transfer to the charter school 60 percent of the sum of the budget year equalization aid per pupil, adjustment aid per pupil, and prebudget year general fund tax levy per pupil inflated by the CPI.

AI Summary

Committee Categories

Bob Auth (R)*, 

Introduced, Referred to Assembly Education Committee (on 01/09/2024)

Official Document