School Choice & Charter Schools
CHARTER SCHOOL FUNDING
The Basics, per the CDE Website
Colorado funds per student, versus per program or site. This is the PPR.
Charter schools receive 100% of the Per Pupil Revenues (PPR) or money designated by the state Legislature each year for operating expenses, capital reserve and risk insurance.
The charter school authorizer may retain up to 5% of documented central administrative costs associated with oversight of the charter school. A charter school may choose to purchase services from their authorizer or a third party.
Charter schools may also receive funding awards from CDE. Learn more about the awards including lists of current and prior awards granted to schools here: https://www.cde.state.co.us/cdechart/fundingawards
Charter Schools enter contracts with authorizers based on state land local laws and policies. The Colorado Department of Education has an FAQ page that can help you understand some of the key components of Colorado’s generous approach towards charters and school choice. Consult this page to learn more.