An Act relative to transparency and accountability in charter school finance

This bill amends Massachusetts state law to change how public funds are distributed to charter schools based on the specific spending habits of the school districts that send students there. Instead of using a standard funding rate, the state will calculate tuition for each charter school by adjusting the district's base budget to reflect its actual per-pupil spending, including special education and healthcare costs. The legislation also ensures that districts do not lose state aid for students who transfer from private schools or are homeschooled, while requiring the state treasurer to deduct the local share of these funds from the district's state aid before distribution.