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01/17/2020 02:04 PM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20190&cosponId=29380
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House of Representatives
Session of 2019 - 2020 Regular Session

MEMORANDUM

Posted: April 25, 2019 02:44 PM
From: Representative Mike Carroll
To: All House members
Subject: Limitations on Certain Unreserved Funds
 
This legislation is part of a package of eight charter school reform bills designed to treat all Pennsylvania public schools, traditional and charter schools, and their students equally under law.

The legislation will make fiscal accountability requirements the same for all public schools in Pennsylvania. Since charter schools and traditional schools are both public schools -- funded by taxpayer dollars -- the legislation will bring charter schools in line with school districts by imposing limits on the unassigned fund balances that charter schools may accumulate.

The Public School Code currently limits the unassigned fund balances that school districts may amass, but places no similar restrictions on charter schools.

My proposed legislation includes language similar to previous bills aimed at protecting taxpayers by leveling the playing field between public school districts and public charter schools by requiring them to adhere to the same unassigned fund balance requirements.

Further, my bill will benefit school districts and taxpayers by requiring public charter schools to refund unassigned fund balances in excess of the limits on a pro rata basis to all school districts that paid tuition to the charter school entity in the prior school year.



Introduced as HB1329