Charter schools: NJ funding laws don't add up
Charter schools claim they've been getting shortchanged by loopholes in state funding laws for years.
Under the law, charter schools are to receive 90 percent of the funding of regular schools in the same district. Among the items not being taken into consideration, according to charter school officials, is the fact that they must pay for their own facilities.
"If you figure that 15 percent of our budgets go to pay for maintenance or mortgages or rent, we're really only getting about 40 percent," says Shelley Skinner, of the Learning Community Charter School.
Administrators believe the funding laws were written purposefully to ignore charter schools.