Bill > HB1758

This bill establishes a new funding mechanism for statewide virtual charter schools that demonstrate academic achievement close to the state average. Specifically, virtual charter schools that reach a district composite academic achievement score within ten points of the state average, as published in the Oklahoma State Report Card, will receive $100,000 annually. These funds can be used for specific expenses such as lease payments, rental facilities for student testing, transportation, or student services, and are explicitly designated as additional funding beyond other district allocations. The eligibility for funds is determined using the composite academic achievement scores from two years prior; for example, the 2022-2023 school year scores would determine funding eligibility for the 2025 fiscal year. The bill is set to become effective on July 1, 2025, and includes an emergency clause to emphasize its immediate importance for public education. The legislation aims to provide financial support and incentives for virtual charter schools that are performing near the state academic average.

Budget and Finance

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1758&Session=2600