Bill Text: IN SB0375 | 2010 | Regular Session | Introduced

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Bill Title: Charter school funding.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-01-12 - First reading: referred to Committee on Appropriations [SB0375 Detail]

Download: Indiana-2010-SB0375-Introduced.html

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Introduced Version

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SENATE BILL No. 375

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DIGEST OF INTRODUCED BILL

Citations Affected: IC 20-43-5-6.

Synopsis: Charter school funding. Provides that basic tuition support for a charter school, excluding a conversion charter school, is based on the countywide average foundation amount per average daily membership (ADM) received by all school corporations located in the county in which the charter school is located, instead of the tuition support per ADM for the school corporation in which the charter school is located for a charter school not located in Marion County and instead of using the foundation amount for the school corporation where each student has residency in the case of a charter school located in Marion County.

Effective: July 1, 2010.

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Taylor

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    January 12, 2010, read first time and referred to Committee on Appropriations.

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Introduced

Second Regular Session 116th General Assembly (2010)

PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type.
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SENATE BILL No. 375

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    A BILL FOR AN ACT to amend the Indiana Code concerning education.

Be it enacted by the General Assembly of the State of Indiana:

SOURCE: IC 20-43-5-6; (10)IN0375.1.1. -->     SECTION 1. IC 20-43-5-6, AS AMENDED BY P.L.182-2009(ss), SECTION 336, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2010]: Sec. 6. (a) A school corporation's transition to foundation amount for a calendar year is equal to the result determined under STEP THREE of the following formula:
        STEP ONE: Determine the difference of:
            (A) the school corporation's foundation amount; minus
            (B) the school corporation's previous year revenue foundation amount.
        STEP TWO: Divide the STEP ONE result by:
            (A) three (3) in 2009;
            (B) two (2) in 2010; and
            (C) one (1) in 2011.
        STEP THREE: A school corporation's STEP THREE amount is the following:
            (A) For a charter school located outside Marion County that has previous year revenue that is not greater than zero (0), the

charter school's STEP THREE amount is the quotient of:
                (i) the school corporation's countywide average transition to foundation revenue for the calendar year using all school corporations in the county where the charter school is located; divided by
                (ii) the school corporation's countywide average current ADM using all school corporations in the county where the charter school is located.
            (B) For a charter school located in Marion County that has previous year revenue that is not greater than zero (0), the charter school's STEP THREE amount is the weighted average of the transition to foundation revenue for the school corporations where the students counted in the current ADM of the charter school have legal settlement, as determined under item (iv) of the following formula:
                (i) Determine the transition to foundation revenue for each school corporation where a student counted in the current ADM of the charter school has legal settlement.
                (ii) For each school corporation identified in item (i), divide the item (i) amount by the school corporation's current ADM.
                (iii) For each school corporation identified in item (i), multiply the item (ii) amount by the number of students counted in the current ADM of the charter school that have legal settlement in the particular school corporation.
                (iv) Determine the sum of the item (iii) amounts for the charter school.
             that is not described in clause (A) or that is not a conversion charter school (as defined in IC 20-24-1-5), the charter school's STEP THREE amount for 2011 is the quotient of:
                (i) the countywide average transition to foundation revenue for the calendar year using all school corporations in the county where the charter school is located; divided by
                (ii) the countywide average current ADM using all school corporations in the county where the charter school is located.
            (C) The STEP THREE amount for a school corporation that is not a charter school described in clause (A) or (B) is the following:
                (i) The school corporation's foundation amount for the

calendar year if the STEP ONE amount is at least negative one hundred fifty dollars (-$150) and not more than fifty dollars ($50).
                (ii) The sum of the school corporation's previous year revenue foundation amount and the greater of the school corporation's STEP TWO amount or fifty dollars ($50), if the school corporation's STEP ONE amount is greater than fifty dollars ($50).
                (iii) The amount determined under subsection (b), if the school corporation's STEP ONE amount is less than negative one hundred fifty dollars (-$150).
    (b) For the purposes of STEP THREE (C)(iii) in subsection (a), determine the result of:
        (1) the school corporation's previous year revenue foundation amount; minus
        (2) the greater of:
            (A) one hundred fifty dollars ($150); or
            (B) the result of:
                (i) the absolute value of the STEP ONE amount; divided by
                (ii) nine (9) in 2010, and eight (8) in 2011.

SOURCE: ; (10)IN0375.1.2. -->     SECTION 2. [EFFECTIVE JULY 1, 2010] (a) IC 20-43-5-6, as amended by this act, applies to basic tuition support determinations for 2011 distributions.
    (b) This SECTION expires January 1, 2012.