Bill > SB1266

This bill amends the Public School Code of 1949 to further provide for funding of charter schools, particularly for special education students. The key changes include: 1. Establishing a new formula for charter schools to receive funding for special education students, based on the student's assigned category of special education needs (Category 1, 2, or 3). The formula uses multipliers applied to the per-student funding amount for non-special education students. 2. Requiring charter schools to document the actual costs of providing education to special education students and return any overpayments to the school district of residence. 3. Updating the special education funding multipliers whenever the state adjusts the special education funding weights for school districts. 4. Expanding the list of sections from the Public School Code that apply to both charter schools and cyber charter schools, including provisions related to reporting requirements under Section 1372. Overall, the bill aims to revise the funding mechanisms for special education students enrolled in charter schools to better align with the actual costs incurred by the charter schools.