FISCAL NOTE
Date Requested: March 25, 2025
Time Requested: 03:58 PM |
| Agency: |
Charter School Board, West Virginia Professional |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1695 |
Introduced |
SB89 |
|
|---|
| CBD Subject: |
Education (K12) |
|---|
|
FUND(S):
Department of Education
Sources of Revenue:
General Fund
Legislation creates:
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The WVPCSB predicts long-term financial benefits to the state but no additional costs or revenue to the state in the short term.
(1) Roughly the same number of students will be in the public school system with or without such specialized public charter schools. No such school could open until Fall 2026 (third fiscal year). WVPCSB expects one alternative high-risk population public charter school would open in the fall of 2026 with about 50 students (based on conversation with a likely applicant).
(2) Alternative high-risk population public charter schools will reduce short-term costs by providing a high-quality service environment for the types of students served, which will slightly reduce the costs to other state agencies.
(3) Long-term, graduates of such schools will have much better life outcomes and will be financial contributors to West Virginia while reducing the cost of state social services for these graduates.
(4) It is impossible to predict whether the Board of Education’s proposed funding regulation would provide more, less, or the same funding per student and school that would be authorized.
(5) On best guess that the Board of Education will maintain roughly the same per-student and per-school funding: in the third fiscal year, having one alternative high-risk population public charter school with 50 students and a ballpark $8,000 of funding per student (depending on the county) would entail that roughly $400,000 of Department of Education funding would go to the new public charter school, with the same total for decreased funding across the county school districts that would have fewer students as a result.
(6) The WVPCSB would entail no additional staff costs from managing an additional authorized school. WVPCSB would receive roughly $4,000 in year three as the 1% statutory management fee.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2025
Increase/Decrease
(use"-") |
2026
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
0 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
Same as summary.
After year three, enrollments may increase to 100-200 students, with like financial effects on such new school(s), counties, and the WVPCSB, and greater long-term benefits to the state.
Note that in year three, a new school would have startup costs that would not persist into additional years. A new school that uses an education service provider (ESP) likely would front the startup costs and then be made whole over time, as with other public charter schools with ESPs.
Memorandum
Person submitting Fiscal Note: Adam Kissel, Chairman, WVPCSB
Email Address: adam.kissel@wvpcsb.org