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FY2021-22 Changes to Charter School Capital Construction Program
In an effort to streamline the Charter School Capital Construction program, we have reviewed the current implementation process and statute with a goal to create efficiencies in the administration of the program, eliminate duplication of effort for schools, and provide clear communications. As a result, a few changes have been made this fiscal year. We wanted to keep you informed of these changes and provide you with a summary of those proposed changes.
- Pupil Counts: Use October Counts from prior fiscal year as our projected pupil enrollment for the full fiscal year.
- New Schools: Establish a deadline consistent with the Student October Count submission for new schools to submit necessary information. New schools will start receiving funding in January. Total amount eligible will be distributed evenly over the remaining months.
- Reporting- Create simplified, electronic report due October 15th to gather any information we haven’t already received (i.e., ownership of the facility). Utilize financial statements already provided to CDE.
CSCC-01 Combined Expenditure and Eligibility Online Report: Due October 15th. See below for more details and link to complete.
Charter School Capital Construction Program
Pursuant to C.R.S. 22-54-124, each year the State Education Fund and a percentage of the marijuana excise tax provides an appropriation for Charter School and Institute Charter School Capital Construction. The funding purpose is to promote a safe and healthy learning environment for all Colorado students. Charter Schools or Institute Charter Schools can use the funding for school construction, renovation, or facility purchase or leasing.
- CSCC Distribution FY21-22 (XLS) (Updated 8/3/21)
- Please note: FY20-21 October Counts are being used to calculate your FY21-22 funding distribution.
- Historic Distribution Schedule
- NEW! CSCC-01 Combined Expenditure and Eligibility Online Report
- For FY21-22, we combined the reporting requirements into a single, streamlined Google form. Please complete the required annual form and submit no later than October 15th.
- Changes to Note: Signatures from the charter and authorizer are no longer required and the form can be completed by an authorized representative of either the school or the authorizer. Once you submit your form, you will receive a copy of your responses for your records. Prior to the submission deadline, you will have the option to log back in to your report after starting it to make changes if necessary.
Funds are distributed on a per FTE basis, and the final FTE count is taken directly from the October pupil count data submitted by a district to the Division. The funds are distributed on a monthly basis; the first six months' calculation determines the distribution amount per charter school based on FTE projections that the charter school provides. Adjustments are made to the distribution schedule annually in February to reflect actual FTE provided in the October pupil count data.
BEST Grant Program
Established in 2008 with the signing of C.R.S.22-43.7, BEST provides an annual amount of funding in the form of competitive grants to school districts, charter schools, institute charter schools, boards of cooperative educational services, and the Colorado School for the Deaf and the Blind. BEST funds can be used for the construction of new schools as well as general construction and renovation of existing school facility systems and structures.
Charter School Eligibility
Must have been in existence for at least 3 years prior to the date of submission of the BEST grant application.
Must notify its authorizer and acquire authorizer signature on the grant application. The authorizer has the option to submit a letter to the Board stating its position on the application, but a letter is not required.
The applicant must qualify under § 22-43.7-109(1)(a), C.R.S., requiring the applicant to own the public school facility, have the right to own through a lease-purchase agreement with the owner, or have a qualifying sub-lease purchase agreement with the State.
To determine that your school meets these requirements, applicants must either provide proof of ownership or Articles of Incorporation and Bylaws for both the charter school and building corporation as well as any lease-purchase agreement. These documents will be reviewed by the Attorney General’s office. Additional guidance provided HERE.
Considering applying for BEST in FY22-23?
- BEST 2022-2023 Timeline
- Online Grant Application Process
- Reach out to your Regional Program Manager to provide additional assistance and answer any questions.
For additional information, contact: Meg Donaldson Phone: 720-595-4866 Email: email@example.com