§2419.__Revenue provisions

1.__Operating funds.__All state and local operating funds follow each child to the charter school the child attends.__ For each charter school student, the school administrative unit in which the student resides must forward the per-pupil allocation to the charter school attended by the student as follows.

A.__The per-pupil allocation amounts must be the same average amounts as for students attending noncharter public schools used in estimating state payments to the noncharter public schools for the current fiscal year.

B.__For each fiscal year, which runs from July 1st to June 30th, allocations must be made in 4 quarterly payments on September 1st, December 1st, March 1st and June 1st.

C.__The September payment must be based on the number of students enrolled or anticipated to be enrolled in the charter school at the opening of school for that school year.

D.__If the number of students calculated under paragraph C is higher or lower than the number of students in the following February of the school year, adjustments are to be made in the March payment, with 50% of the annual per pupil allocation to be added for additional students or subtracted if the total number of students is lower.

2.__Program funds.__Public charter schools are entitled to receive state program funds on a per-pupil basis, on the same schedule as listed in subsection 1, for transportation, vocational education and special education.__Public charter schools may contract or cooperate with district public schools for such services.

3.__Special education.__Unusually high special education needs for charter school students should be negotiated between the charter school and the district school of residence, as is the current practice among noncharter public schools.__Charter schools may apply to a state hardship fund for high special education expenses on the same basis as district schools.