Length of charter:
3-5, can be renewed for up to 5 years
Caps on number of schools:
Yes. 60 total. Maximum of 30 in Chicago, 15 in Chicago suburbs and 15 in the rest of the state
Funding:
Negotiated with sponsor school district and specified in charter, but not less than 75% or more than 125% of per-capita student tuition of school district in which charter school is located.