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What is a Charter Public School?A charter public school is a school of choice designed to offer an alternative approach to education. Charter public schools are established under a charter (contract with the state), authorized by a local school district or the Ohio Department of Education. The “charter” outlines the metrics the school is required to meet including its mission, educational approach, student achievement, performance goals, and financial accountability metrics. Charter public schools are given greater flexibility in the operation of their schools but, unlike traditional public schools, they are assessed annually to determine if they are successfully meeting the requirements of their charter in order to ensure the continued operation of the school. Charter public schools are governed by a Board of Directors which is responsible for the policy and financial oversight of the school.
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How are Charter Public Schools Funded?
Charter public schools receive state and federal dollars like district schools receive, determined by Ohio Legislature. However, charter public schools do not receive any property tax, bond, or levy funding and are generally funded 75 cents on the dollar compared to public schools. As a result of this, most charter public schools fundraise to make up the gap in funding.