Charter schools are funded by the state and receive money based on student attendance. A specific charter school’s funding is as stable as the school’s enrollment. Charter schools may also solicit and receive contributions. To determine the funding situation of a charter school consider:
- asking about daily enrollment figures
- viewing budgets included in the charter
- reviewing an audited financial statement (if an external audit has occurred)
- getting a description of donations
- viewing the most recent quarterly financial statement
