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With State Formula for Charter School Funding Likely to Change, City Costs to Grow More Than Budgeted

The IBO released an updated report comparing public spending for charter schools to traditional district schools, and its analysis is clear: not only do NYC charter schools receive less in public spending than their district counterparts, but this funding disparity continues to grow. In the current school year (2016-17), the IBO reports that charter schools will again receive substantially less per pupil regardless of whether it operates in public or private space; the IBO estimates that charters are underfunded compared to traditional district schools by $1,145 to $4,863 per pupil.
Type: 
Report
Issues & Research
Topic: 
Funding