What is the cost to the state, township and local school board of having a charter school in town? Will it increase my property taxes?
In terms of local taxes, there are no studies which indicate that taxes go up in towns which have charter schools. Actually, as far as the state goes, it costs the state 10% less to educate a child in a charter school than in a public school, so to the state there is a savings. Regarding the school board, if a child leaves public school to go to a charter school, the school board would no longer receive funding for that child (but would receive a nominal amount from the state). If a child leaves private school to go to a charter school, the school board would not lose any money since they had not received money to educate that child in the first place. It would, in fact, receive a nominal amount of money from the state (as in the case of the public school child above).
