17:3976      Charter school funding

 A. A charter school shall be considered an approved public school in Louisiana and shall receive funding from the local school board in whose jurisdiction it is located in an amount for each pupil based on average daily membership in the charter school that is equal to the average current operating expenditure per pupil received by the local school board pursuant to the most recent legislatively approved minimum foundation program formula, including appropriate weighted factors, and from other revenue sources of the city or parish school system in which the charter school is located.

 B. For each pupil enrolled in a charter school who is entitled to special education services, the state and federal funds for special education for that pupil that would have been apportioned for that pupil to the school system shall be apportioned to the charter school in which the student attends.

 C. Any approved charter school shall be eligible for any other federal, state, or local funding for which the school or its pupils qualify.

 D. Any approved charter school may solicit, accept, and administer donations or any other financial assistance in the form of money, grants, property, loans, or personal services for educational purposes from any public or private person, corporation, or agency and comply with rules and regulations governing grants from the federal government or from any other person or agency, which are not in contravention of the constitution and any other law.

Added by Acts 1995, No. 192, Sec. 1, eff. June 14, 1995.