Honorable Kent Grusendorf, Chair, House Committee on Public Education
John Keel, Director, Legislative Budget Board
HB1564 by Truitt (Relating to the use of municipal funds for the acquisition of land or acquisition, construction, expansion, or renovation of facilities for an open-enrollment charter school.), As Introduced
No fiscal implication to the State is anticipated.
The bill amends current law by permitting charter schools to operate in facilities of an "eligible entity" and allowing municipalities to borrow and spend funds for the purpose of facilities acquisition for an open enrollment charter granted to that muncipality. The bill has no impact on state costs regarding charter schools. Any funds spent or debt incurred by a municipality for land or facilities for charter schools are solely the responsibility of that municipality.
Local Government Impact
No significant fiscal implication to units of local government is anticipated. Municipalities could incur costs, if they choose to provide facilities for open-enrollment charters granted to them. Because only one such municipality currently exists, statewide local costs would likely be minimal.