Superseded 7/1/2023)
Superseded 7/1/2023
53F-2-706. Small charter school base funding.
(1) |
Subject to legislative appropriation, the state board shall distribute small charter school base funding in the following amounts to charter schools with 2,000 or less students:
Terms Used In Utah Code 53F-2-706- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(a) |
for a charter school with 300 students or less, $40,000; |
(b) |
for a charter school with 301 to 400 students, $35,000; |
(c) |
for a charter school with 401 to 500 students, $30,000; |
(d) |
for a charter school with 501 to 600 students, $25,000; |
(e) |
for a charter school with 601 to 1,000 students, $20,000; and |
(f) |
for a charter school with 1,001 to 2,000 students, $15,000. |
|
(2) |
A charter school’s eligibility for small charter school base funding is determined by the charter school’s student enrollment on October 1 of a given year. |
(3) |
Notwithstanding this section and subject to legislative appropriations, the state board may distribute to charter schools, regardless of size, one-time funding that the Legislature appropriates to mitigate funding losses as described in legislative appropriations. |
Amended by Chapter 439, 2021 General Session