Based on DESE estimates, Massachusetts public schools will lose $419 million. This total reflects the amount of Chapter 70 aid that will be diverted from the school district to one or more charter schools, minus the total amount of state reimbursement the district is estimated to receive.
These are the current DESE estimates of how much money Plymouth and Carver will lose to one or more Commonwealth charter schools in the current school year – fiscal year 2016.
CARVER PLYMOUTH
280,238 5,804,510 This does NOT include transportation costs!
Visit the MTA’s toolkit on charter schools for additional information.
http://www.massteacher.org/issues_and_action/charter_schools/money_districts_pay_charters.aspx