Twelve studies find that overall gains in charter schools are larger than other public schools; four find charter schools’ gains higher in certain significant categories of schools; six find comparable gains; and, four find that charter schools’ overall gains lagged behind traditional schools.
Source: Charter School Achievement: What We Know, July 2005 Update
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Download: 
http://www.publiccharters.org/files/2338_file_Financial_Impact_of_Public_Charter_Schools_Brief.pdf
While many districts may experience short-term financial pain when a new charter school opens, a new report confirms that high-quality public charter schools have positive financial impacts for communities that more than offset the obvious and immediate revenue losses to district budgets. It finds the presence of charter schools actually increases the total spent on public education for a community's children. Because charter schools typically receive less than full funding, districts are actually left with more money per pupil when a student transfers to a charter. Charter schools can be a boon for districts by revitalizing dilapidated neighborhoods, decreasing the number of dropouts, and increasing the number of college attendees. The report encourages policymakers to look at charter schools as investments, to give charters the resources they need, and to reduce short term impacts of charters by updating the district budgeting process to use multi-year budgeting and planning.
Date: 2007
Source: National Alliance for Public Charter Schools
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