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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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Economic Crisis Forces Some South Florida Public Charter Schools to Reduce Pay and Layoff Faculty

http://www.sun-sentinel.com/news/schools/sfl-flbchartermoney1124sbnov24,0,7666921.story

Broward County's public charter school leaders are feeling the nation's economic crisis, just like leaders at district schools, but some of their cost-cutting measures have had to be more dramatic than districts' actions. Some public charter schools have had to lay off teachers and guidance counselors. Staff at other schools have opted for pay cuts so their co-workers could stay employed. "We're all facing it," said Rod Sasse, regional director of Imagine Charter Schools, which operates five campuses in South Florida. "These are very difficult decisions." Schools are seeing their expenses grow, officials said. Electric bills, for example, jumped by about 8 percent when Florida Power & Light Co. boosted monthly rates in July. "You can cut down material and supplies. You can cut down on some paper, but usually about 50 percent of [a school's] budget is for faculty," Sasse said.

Source: Sun Sentinel
Date: 11/23/2008


Note: Please be aware that online publishers often change URLs or no longer provide access to articles after 7 days. If the above link no longer works, access the publishing newspaper and search the archives for the keywords in the subject matter. Good luck.
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