Financial Sustainability of Existing Charter Schools
There are many concerns and unanswered questions about the financial impact that opening 27 new charter schools would have on the New Hampshire’s exissting 28 charter schools.
Lack of Need for Additional Student Capacity in Charter Schools
The need for opening more schools was not adequately identified. for example, there are currently at least 1,252 open seats at charter schools throughout the state.
Ongoing Long Term Impact on the Education Trust Fund
By increasing the number of charter schools, the state wouild be required to send as much as $104.1 million in additional charter-school specific grants from the Eeducations trust Fund over the next 10 years.
Negative Impact on Local Taxpayers
Increasing the number of students who leave traditional public schools will likely have a negative impact on local taxpayers because state funding to traditional public schools will be reduced.
Lack of Complete Information from NH Department of Eduication.
In addition to not prdoviding complete, clear and accurate information to the Fiscal Committee, the Departmtne Education did not engage any stakeholders throughout the grant application process.
Charter School Funding in New Hampshire