Section 40 Charter School Facilities Reimbursement

Subsection (ff) of section 89 of chapter 71 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by striking out the second sentence and inserting in place thereof the following sentence:-

In fiscal year 2023 and thereafter, such funding shall be not less than $1,088 and shall be adjusted each year by the "foundation inflation index" as defined in section 2 of chapter 70.

This section increases the facilities component of charter school reimbursements from a minimum of $893 per pupil to a minimum of $1,088 per pupil in FY23 and indexes this amount to inflation going forward.