An Act concerning the fiscal impact of charter schools on public education

This bill requires the state education department to assess the financial impact of charter schools on their host public districts before approving any new charter applications. It also mandates that the department annually request full funding for these financial reimbursements from the state legislature. If the legislature refuses to fund the reimbursement, the board is prohibited from approving any new charter schools or expansions for the following school year. The legislation directly affects charter school operators, public district administrators, and state education officials by adding financial conditions to the charter approval process.