About the Webinar:

This presentation provided an introductory overview of the Florida Education Finance Program (FEFP), the primary source of operating funds for all K–12 public schools in Florida. Other topics covered included the reporting of full-time equivalent (FTE) students, new legislation, class size reduction funding, class size compliance, and the charter revenue worksheet.

Charter School Funding Through the Florida Education Finance Program

Presenter:

    Date/Time: November 20, 2024
    Conference: 2024 FL Charter School Conference
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    Session Summary

    This presentation, "Charter School Funding Through the Florida Education Finance Program," offers an introductory overview of the Florida Education Finance Program (FEFP), the primary funding source for all K-12 public schools in Florida. The presentation begins by explaining the purpose of the FEFP, which is to ensure that every student in Florida has access to a high-quality education, regardless of their location or background.

    The presentation then delves into the specifics of how the FEFP works, including how student enrollment is calculated and how funds are distributed to school districts and charter schools. The presenter also discusses recent legislative changes to the FEFP, such as updates to the base student allocation, mental health funding, transportation funding, and teacher salary increase allocations.

    The presentation also covers the topic of class size reduction funding and compliance. The presenter explains how schools can access funding to reduce class sizes and the financial penalties for non-compliance.

    The presentation concludes with a discussion of the charter revenue worksheet, a tool that charter schools can use to estimate their FEFP funding. The presenter provides a step-by-step guide on how to use the worksheet and highlights the different components of charter school funding.

    Key takeaways for attendees include:

    • Understanding the purpose and structure of the FEFP.
    • Being aware of recent legislative changes to the FEFP.
    • Knowing how to access and use the charter revenue worksheet.
    • Understanding the importance of class size reduction funding and compliance.