DOE Charter Facility Spending, Overview and District-Specific Information
In October of 2019 Class Size Matters released a report on charter facility funding in New York City. This report reveals that the NYC DOE spent more than $377 million on charter school facility costs from FY 2014 to FY 2019. This includes matching funds for public school facility upgrade costs as well as rent for new and expanding charters. This report also explains that in 2010, a state law passed that requires matching funds for facilities upgrades for public schools co-located with charter schools for every expenditure by charters for facility renovations over $5,000. We found that FY 2014 to FY 2019, about $22.1 million in charter school expenditures on facility upgrades were not matched in the public schools that shared their buildings, a shortfall of about 14%.
Read the full report, titled “Spending by NYC on Charter School Facilities: Diverted Resources, Inequities and Anomalies” here.
A presentation on the key findings is here.
UPDATED Charter Facilities Cost Presentation