http://theygotodie.com//wp-content/plugins/instabuilder2/cache/up.php LAUSD lost more than half a billion dollars to charter schools in 2014-15
• When students leave district schools for charter schools, the district immediately loses the revenue for that student, but critical educational infrastructure, oversight costs, and a larger portion of higher-needs students stay with the district.
• The impact of declining enrollment is not solely based on the increase in number of charter schools. The impact should be softened by the state’s use of the previous year’s ADA that allows districts to recognize revenue loss for one year in arrears and reduce costs as enrollment declines. However, the “soft landing” only applies to students who move to another district and not to students who leave for charter schools. The estimated cost is El Progreso $55,619,684.
• Get the full details of how the unmitigated growth of charter schools currently results in over half a billion dollars in lost revenue and added costs. Read the independent fiscal impact report here.