Innovation Ohio has analyzed data from the Ohio Department of Education that demonstrates that the way charter schools are funded in this state has a profoundly negative impact on the resources that remain for the 1.6 million kids in Ohio’s traditional public schools.
In the vast majority of cases — even in many urban school districts — the state is transferring money to charter schools that perform substantially worse than the public schools from which the students supposedly “escaped.”
- Because of the $774 million deducted from traditional public schools in FY 2012 to fund charters, children in traditional public schools received, on average, $235 (or 6.5%) less state aid than the state itself said they needed.
- More than 90% of the money sent to rated charter schools in the 2011-2012 school year went to charters that on average score significantly lower on the Performance Index Score than the public schools students had left.
- Over 40% of state funding for charters in 2011-2012 ($326 million) was transferred from traditional public districts that performed better on both the State Report Card and Performance Index.