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 components that determine the amount a charter school receives for each student enrolled. The funding will now include 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, thereby increasing the financial support for charter schools.
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 resources available to charter schools, ensuring they can better support their students and educational programs.
Statutes affected: Introduced: 256E.8