PUBLIC SCHOOL FUNDING FORMULA CHANGES
What changed between versions
Updated the definition of 'withdrawals' to exclude students who are in need of intervention or chronically absent, which affects how student membership is calculated for funding purposes.
Added new definitions for 'qualified student' with specific age and enrollment criteria, including provisions for students who have reached their second birthday during the 2019-2020 school year.
Reorganized and renumbered definitions from H through S, adding new categories for 'rural population rate', 'staffing cost multiplier', and 'state superintendent'.
Added requirements for charter schools to submit operating budgets to the charter schools division for approval or amendment, with local school boards having limited authority over budget line items.
Added provisions for calculating at-risk index for charter schools on their membership after the first year of operation.