Mississippi 2024 Regular Session

Mississippi House Bill HB719

Introduced
1/29/24  
Refer
1/29/24  

Caption

Charter school payments; require school districts to pay local funds due on a monthly basis.

Impact

The legislative amendments introduced by HB 719 would have significant implications for the funding process of charter schools within Mississippi. Specifically, by requiring local school districts to pay charters in a timely manner, it seeks to enhance the financial stability of those institutions. The bill stipulates that payments for the last three months of the school year should match the amount received in the ninth month, ensuring consistent funding levels. Furthermore, it requires that the local school district pay these amounts four business days prior to the end of each month, with a specified payment date in December to ensure timely holiday funding.

Summary

House Bill 719 aims to amend Section 37-28-55 of the Mississippi Code to establish a requirement for school districts to make payments to charter schools in nine monthly installments. This payment structure is based on the student enrollment of the charter school, which is determined on the fifteenth of each month. By mandating this timeline for payment, the bill is designed to provide financial predictability for charter schools, which often operate under tighter budget conditions compared to traditional public schools.

Contention

While proponents argue that this change simplifies and secures payment processes for charter schools, critics may contend that it places additional financial burdens on local school districts. The requirement for school districts to calculate and pay amounts based on local property taxes and in-lieu receipts could lead to complex accounting and financial management issues, particularly for districts with fluctuating revenues. As funding relies on local economic conditions, concerns regarding equity and stability in educational funding might arise, especially in economically challenged areas.

Companion Bills

No companion bills found.

Previously Filed As

MS HB60

Charter schools; require MAEP funds to be transferred to student's home school district when student disenrolls.

MS HB555

Charter schools; reconstitute authorizer board and require formula to ensure equitable distribution of local funds.

MS SB2553

Charter school funding; revise funding formula.

MS HB514

Charter School Authorizer Board; reconstitute.

MS HB1150

Charter schools; bring forward various provision relating to powers and duties of authorizer board.

MS HB1173

EEF procurement cards; authorize issuance to eligible charter school teachers.

MS HB1042

Public school years; revise basis for establish length from days to equivalent number of hours of actual teaching.

MS HB1398

Elementary professional school counselors; allocate funds under Mississippi Adequate Education Program for.

MS HB1425

Social workers; provide in schools having high incidences of crime and via video conferencing means.

MS HB115

Trimester School Year Pilot Program; establish.

Similar Bills

MS SB2364

Mississippi Adequate Education Program; bring forward provision related to.

MS HB80

MAEP; increase adjustment to base student cost for at-risk students.

MS SB2757

MAEP; increase adjustment to base student cost for at-risk students.

MS SB2420

Required local revenue in support of the Mississippi Adequate Education Program; revise computation of fee in lieu of taxes.

MS HB434

MAEP; increase adjustment to base student cost for at-risk students.

MS HB120

MAEP; increase adjustment to base student cost for at-risk students.

MS HB953

MAEP; increase adjustment to base student cost for at-risk students.

MS HB1696

Failing schools; revise processes relating to being placed into a District of Transformation and abolishing the MS Achievement School District.