TITLE 16
Education
CHAPTER 16-7.2
The Education Equity and Property Tax Relief Act
SECTION 16-7.2-5
§ 16-7.2-5 Charter public schools, the
William M. Davies, Jr. Career and Technical High School, and the Metropolitan
Regional Career and Technical Center.
(a) Charter public schools defined in chapter 77 of this title, the William M.
Davies, Jr. Career and Technical High School (Davies) and the Metropolitan
Regional Career and Technical Center (the Met Center) shall be funded pursuant
to § 16-7.2-3. If the October 1 actual enrollment data for any charter
public school shows a ten percent (10%) or greater change from the prior year
enrollment which is used as the reference year average daily membership, the
third and fourth quarter payments to the charter public school will be adjusted
to reflect actual enrollment. The state share of the permanent foundation
education aid shall be paid by the state directly to the charter public
schools, Davies, and the Met Center pursuant to § 16-7.2-9 and shall be
calculated using the state share ratio of the district of residence of the
student as set forth in § 16-7.2-4. The department of elementary and
secondary education shall provide the general assembly with the calculation of
the state share of permanent foundation education aid for charter public
schools delineated by school district. The department shall also provide the
general assembly a performance dashboard indicating the per-pupil expenditures
of each school district and charter school broken down by revenue sources and
expenditure categories. The department shall provide, within the same
dashboard, student performance indicators for each school district or charter
school. The local share of education funding, as defined by the department of
elementary and secondary education and approved by the General Assembly, shall
be paid to the charter public school, Davies, and the Met Center by the
district of residence of the student and shall be the local per-pupil cost
calculated by dividing the local appropriation to education from property
taxes, net of debt service and capital projects, as defined in the uniform
chart of accounts by the average daily membership for each city and town,
pursuant to § 16-7-22, for the reference year.
(b) Local district payments to charter public schools,
Davies, and the Met Center for each district's students enrolled in these
schools shall be made on a quarterly basis in July, October, January and April;
however, the first local district payment shall be made by August 15 instead of
July. Failure of the community to make the local district payment for its
student(s) enrolled in a charter public school, Davies, and/or the Met Center
may result in the withholding of state education aid pursuant to § 16-7-31.
History of Section.
(P.L. 2010, ch. 124, § 4; P.L. 2010, ch. 125, § 4; P.L. 2014, ch.
489, § 2.)