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Download: 
http://www.gao.gov/new.items/he00163.pdf
This report to Congress discusses the financing of facilities for charter schools, focusing on the degree to which charter schools have access to traditional public school facility financing and whether alternative sources of facility financing are available to charter schools. Findings include: charter schools generally do not have access to the most common source of facility financing for public schools--municipal bonds; charter schools are frequently not part of a local school district and generally have no authority to raise taxes or issue tax-exempt bonds; charter schools that are a part of a local school district might not share in local or state school construction funds because they must compete with other public schools that have their own construction or renovation needs, and local opposition to charter schools sometimes hinders the sharing of funds; and, several sources of facility financing exist for charter schools, including the allocation of education funds from the state, loans, and private donations, however, these sources may not be adequate to cover costs or are not widely available to charter schools. The document also provides a summary of state legislation on how charter schools obtain facilities.
Date: 2000
Source: United States General Accounting Office
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