Nearly half of the public school students in Kansas City and St. Louis attend charter schools. Yet, each charter public school student receives almost a thousand dollars less per year than a district school student. How did this happen?
A glitch in Missouri’s charter school law has led to the underfunding of charter public school students.
This is due to two main reasons:
Inequity #1: Historical Data vs. Current Year
The funding generated from property taxes that charter public school students receive is based on 15-year-old property values. Meanwhile, local districts are compensated using current year valuations.
Inequity #2: Exclusion from Local Revenue
Charter public school students receive less in local revenue than district students. The illustration below shows the imbalance of funding sources between charter and district public schools.