This bill amends Section 256E.8 of the Iowa Code to adjust the funding formula for charter schools. Specifically, it adds the "teacher salary supplement state cost per pupil" to the existing funding components that charter schools receive for each student enrolled. The total amount that a charter school will receive includes the regular program state cost per pupil, the teacher leadership supplement, the professional development supplement, the early intervention supplement, and any applicable non-English speaking weighting, all multiplied by the state cost per pupil for the budget year.

The bill is effective immediately upon enactment and will apply to school budget years starting on or after July 1, 2025. This change aims to enhance the financial support for charter schools in Iowa by ensuring that they receive additional funding for teacher salaries, thereby potentially improving educational outcomes for students enrolled in these institutions.

Statutes affected:
Introduced: 256E.8