Florida Senate - 2023 COMMITTEE AMENDMENT Bill No. CS for SB 986 Ì688696lÎ688696 LEGISLATIVE ACTION Senate . House Comm: RCS . 04/13/2023 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Appropriations Committee on Education (Burton) recommended the following: 1 Senate Amendment (with directory and title amendments) 2 3 Between lines 49 and 50 4 insert: 5 (17) FUNDING.—Students enrolled in a charter school, 6 regardless of the sponsorship, shall be funded as if they are in 7 a basic program or a special program, the same as students 8 enrolled in other public schools in a school district. Funding 9 for a charter lab school shall be as provided in s. 1002.32. 10 (e) Sponsors shall make timely and efficient payment and 11 reimbursement to charter schools, including processing paperwork 12 required to access special state and federal funding for which 13 they may be eligible, including the timely review and 14 reimbursement of federal grant funds. Payments of funds under 15 paragraph (b) mustshallbe made monthly or twice a month, 16 beginning with the start of the sponsor’s fiscal year. Each 17 payment mustshallbe one-twelfth, or one twenty-fourth, as 18 applicable, of the total state and local funds described in 19 paragraph (b) and adjusted as set forth therein. For the first 2 20 years of a charter school’s operation, if a minimum of 75 21 percent of the projected enrollment is entered into the 22 sponsor’s student information system by the first day of the 23 current month, the sponsor mustshalldistribute funds to the 24 school for the months of July through October based on the 25 projected full-time equivalent student membership of the charter 26 school as submitted in the approved application. If less than 75 27 percent of the projected enrollment is entered into the 28 sponsor’s student information system by the first day of the 29 current month, the sponsor mustshallbase payments on the 30 actual number of student enrollment entered into the sponsor’s 31 student information system. Thereafter, the results of full-time 32 equivalent student membership surveys mustshallbe used in 33 adjusting the amount of funds distributed monthly to the charter 34 school for the remainder of the fiscal year. The payments must 35shallbe issued no later than 10 working days after the sponsor 36 receives a distribution of state or federal funds or the date 37 the payment is due pursuant to this subsection. With respect to 38 federal grant funds submitted for reimbursement, the sponsor 39 shall have 60 days after the date of the submittal to fund them, 40 if the submittal provides all the necessary information to 41 qualify for reimbursement. If a warrant for payment is not 42 issued within 10 working days after receipt of funding by the 43 sponsor, or within 60 days after an approved submittal for the 44 reimbursement of federal grant funds, the sponsor mustshallpay 45 to the charter school, in addition to the amount of the 46 scheduled disbursement, interest at a rate of 1 percent per 47 month calculated on a daily basis on the unpaid balance from the 48 expiration of the 10 working days until such time as the warrant 49 is issued. The district school board may not delay payment to a 50 charter school of any portion of the funds provided in paragraph 51 (b) based on the timing of receipt of local funds by the 52 district school board. 53 54 ====== D I R E C T O R Y C L A U S E A M E N D M E N T ====== 55 And the directory clause is amended as follows: 56 Delete line 16 57 and insert: 58 Section 1. Paragraph (d) of subsection (10), paragraph (e) 59 of subsection (17), paragraph (a) 60 61 ================= T I T L E A M E N D M E N T ================ 62 And the title is amended as follows: 63 Delete line 4 64 and insert: 65 enrollment preference for charter schools; revising 66 requirements relating to the funding of students 67 enrolled in charter schools and reimbursement of such 68 funds by the sponsor; specifying