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Did You Know?
On average, the funding gap between charter schools and traditional schools is 22 percent, or $1,800 per pupil. The average charter school ends up with a total funding shortfall of nearly half a million dollars.

Source: Charter School Funding: Inequity’s Next Frontier

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North Carolina State Board of Education Warns Charters that Uncertified Teachers Could Cost Them

http://www.wral.com/news/local/story/2675525/

According to a new policy implemented last week by the North Carolina Board of Education, charter schools can be stripped of their funds if they fail to employ enough licensed teachers. State law requires 75 percent of the elementary school teachers and 50 percent of the middle school and high school teachers at charter schools to be licensed. Under the new policy, charter schools that fail to reach the requirements will face a series of financial consequences. If a school is falling short of the requirements at the start of the school year, state dollars will be withheld from the headmaster's salary. If it falls short the following month, state dollars would also be withheld from the salary of the highest paid non-certified teacher. If the school continues to fall short of the requirements for a third month, the state funding will be withheld from the next highest paid non-certified teacher. Finally, if the school continues to fail to comply with the faculty rules as of February 1, state officials would recommend closing the school at the end of the school year.

Source: WRAL
Date: 04/03/2008
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