Memphis school board will consider proposed fee for its charter operators

After two months of hammering out ways to shore up the relationship between Shelby County Schools and its charter schools, a special panel is recommending that operators pay the district an annual fee to fund their oversight in Memphis.

Members of the school system’s new Charter Advisory Committee hope the policy, if approved by the school board, will serve as a template for a state law to manage Tennessee’s growing charter sector.

The recommended fee, called an authorizer fee, initially would be set at 2 percent of a school’s state funding for students, then would increase a half percentage point annually until capping at 3 percent. Revenue generated would pay for district costs to oversee its charter schools and provide accountability. Any excess money would be returned to the operators each year to prevent a profit-making revenue stream for Shelby County Schools.

http://www.chalkbeat.org/posts/tn/2016/11/07/memphis-school-board-will-consider-proposed-fee-for-its-charter-operators/