Charter School Funding Through the Florida Education Finance Program

About the Webinar:

This essential session provided charter school leaders with a detailed understanding of how Florida’s education funding system works and how charter schools receive their state funding through the Florida Education Finance Program (FEFP). Miguel Aquino and Josh Bemis from the Florida Department of Education explained the complex formula that drives public school funding in Florida, breaking down the key components including base student allocation, categorical programs, district cost differential, and supplemental funding streams. The presenters emphasized that charter schools are entitled to their proportionate share of district funding, calculated based on enrollment and the specific needs of their student populations. They walked attendees through the funding calculation process, explaining how factors like student grade levels, program participation (ESE, ESOL, career education), and small school size adjustments impact the per-student funding amounts charter schools receive. Understanding these mechanics is critical for charter leaders to accurately project revenue, advocate for appropriate funding, and identify potential discrepancies in their allocations.

Aquino and Bemis provided practical guidance on navigating the funding calendar, understanding the survey periods that determine enrollment counts, accessing funding reports and data, and ensuring proper coding of students to maximize categorical funding eligibility. They explained the difference between FEFP operating funds and capital outlay funding, addressed how charter schools receive federal pass-through dollars, and clarified administrative fees that districts may retain. The session also covered recent legislative changes affecting charter school funding, the dispute resolution process when funding disagreements arise, and resources available through the Department to support charter school financial management. The presenters emphasized transparency and encouraged charter administrators to regularly review their funding calculations, maintain accurate student data, and communicate proactively with district finance offices. Attendees left with enhanced financial literacy, tools for auditing their own funding allocations, and clearer understanding of their rights and responsibilities within Florida’s education finance system—knowledge that empowers charter schools to ensure they receive the full funding to which they’re entitled while maintaining strong fiscal accountability.