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Budget Summary FY2015

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70619010 - Charter School Reimbursement
Data Current as of:  10/17/2014

Account Description FY2014
7061-9010 Charter School Reimbursement
For fiscal year 2015 reimbursements to certain cities, towns and regional school districts of charter school tuition and the per pupil capital needs component included in the charter school tuition amount for commonwealth charter schools, as calculated under subsections (ff) and (gg) of section 89 of chapter 71 of the General Laws; provided, that notwithstanding said subsection (ff) of said section 89 of said chapter 71 or any other general or special law to the contrary, the per pupil capital needs component of the commonwealth charter school tuition rate for fiscal year 2015 shall be $893; and provided further, that if the amount appropriated is insufficient to fully fund all reimbursements required by said section 89 of said chapter 71, the department shall fund the reimbursements in accordance with the following priorities: first, the per pupil capital needs component; second, the 100 per cent increase reimbursement; and third, the 25 per cent increase reimbursements, by year from most recent to oldest
102,595,074 80,000,000