The Governor of California has released his education trailer bills (trailer bills are the implementing legislation used to enact changes in the California state budget) and they have a number of good provisions in them for charter schools in California. Clearly, the Governor is doubling down on his support of charter schools. In 2012 he proposed numerous provisions in the budget for charter schools and even authored his own charter school trailer bill. Now he is taking it a step further and actually proposing major initiatives that would benefit charter schools and charter school funding all over the state.  Listed below are some of the provisions that the Governor is proposing.
In the education trailer bill here are some of the changes that the Governor proposes for charter schools:

  • Extending the current language that allows a school district’s surplus property to be made available to charter schools for five more years.
  • Allowing the State Board of Education to delegate oversight and supervisorial powers to any LEA.
  • Changing the SB 740 funding determination process to make it more friendly for charter schools by mandating that the non-classroom based charter schools have to submit a funding determination during their first and third year of existence and never submit a funding determination after that unless they meet certain criteria, including:
    • The charter school receives a notice to cure for financial reasons.
    • The charter school receives a notice of revocation.
    • The charter school receives an apportionment significant audit exception.
    • The charter school initiates a request for an additional funding determination for the purpose of seeking a change to its current funding level.
  • The Governor proposes to move both the Charter School Revolving Loan Program and the Charter School Facility Grant Program from the California Department of Education to the State Treasurer’s Office, allowing the California School Finance Authority to administer the programs.

With the issuance of these trailer bills, the Governor has again shown his support for school choice. This is tremendously encouraging and we hope for continued success in the Governor’s pursuit of more freedoms for charter schools.

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Since the company’s inception in 2006, Charter School Capital has been committed to the success of charter schools. We help schools access, leverage, and sustain the resources charter schools need to thrive, allowing them to focus on what matters most – educating students. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

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