Maryland Public Charter School Program - School Facilities - Funding
What changed between versions
Funding eligibility was expanded to cover debt service and rent or lease payments in addition to capital improvements and maintenance.
The annual appropriation per student was changed from $1,600 to $200.
New restrictions prevent funding distribution if a school is located in a local school system building undergoing a state-funded capital improvement project.
Public charter schools receiving funds must now report the status of their capital improvement, debt service, or lease projects before receiving funds for the next fiscal year.
New regulations require procedures for mid-year funding requests and ensure funds are provided if a local school system rescinds a capital project request.
A new provision states that funds distributed to charter schools cannot be used as justification to reduce funding for local school systems.
The bill text was re-referred to the Budget and Taxation committee and marked as adopted with floor amendments.