Charter System Earnings for Each Full-Time Equivalent Student; Use of Funds

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In addition to the amounts earned by a charter system pursuant to subsection (b) of Code Section 20-2-161, a charter system shall earn 3.785 percent of the base amount established pursuant to subsection (a) of Code Section 20-2-161 for each full-time equivalent student in each school within the charter system; provided, however, that no individual charter system shall receive more than $4.5 million in a fiscal year. Funds appropriated pursuant to this Code section shall be used in accordance with recommendations of the school level governing body established by the charter or to advance student achievement goals and school level governance training objectives pursuant to the charter.

(Code 1981, §20-2-165.1, enacted by Ga. L. 2008, p. 603, § 2A/HB 881; Ga. L. 2013, p. 1061, § 10/HB 283.)


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