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Charter Schools get Major Boost in Capital Funding

(Photo: Digital Vision/Digital Vision)
(Photo: Digital Vision/Digital Vision)

Charter schools will likely get a one-time allocation of $91 million for construction and maintenance under a deal reached by lawmakers late on Sunday.

The money represents an increase of $36 million more than last year’s allocation, but falls a tad short of Gov. Rick Scott’s proposal of $100 million, according to tampabay.com.

Advocates for Charter Schools had hoped to secure a recurring source of funding for capital expenditures this year, but said the fight isn’t over, tampabay.com also reported.

The funds will come from the Public Education Capital Outlay funds (PECO), which implies that much less for public schools’ capital improvements.

Despite their mixed reviews, charter schools are among the fastest growing school choice options in Florida.

Read More Here.

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