Charter School Finance

The primary source of funding for charter schools comes from the Foundation School Program (FSP) and is based on the number and types of students attending school (what the agency calls average daily attendance [ADA]). Schools that choose to provide transportation to students receive additional state funds. Charter schools are not entitled to participate in the Instructional Facilities Allotment program or the Existing Debt Allotment program.

Background Information on Charter School Funding (Word, 32 KB)

Background Information on Charter School Attendance Reporting (PDF, 16 KB)

Law and Rules

Texas Education Code: §12.106, State Funding
Commissioner's Rules: 19 Texas Administrative Code §100.1041, State Funding

State Funding Worksheets

Charter School Foundation School Program (FSP) System Instructions

School Finance Related Correspondence to Charter Schools

Reports and Additional Information

Charter School Summary of Finances
FSP Payment Ledger
TEA Payment Report
Student Attendance Accounting Handbook
Compensatory Education Allotment Alternative Reporting Procedures (Schools not participating in the National School Lunch Program and School Breakfast Program ONLY)

Foundation School Program (FSP) System Training

For additional information, contact:

The Office of School Finance		The Office of School Finance
Nora Rainey		Kim Wall
(512) 463-7298	or	(512) 463-4809
nora.rainey@tea.state.tx.us		kim.wall@tea.state.tx.us

Page last modified on 3/12/2012.

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