Dave Gannon, who presented the district’s audit to the school board at its meeting last night, said last year, when Emily Fisher Charter School closed, the district saw an increase in funding, which it has since reallocated for several building maintenance projects. Next school year the district may see the reverse, he said.
“Two charter schools are expected to open and enrollment has a profound and significant impact on the district,” Gannon said.
Gannon was unable to quantify the impact to the district’s budget, but said from experience as the charter schools open, student enrollment is drawn away from the district’s public schools, along with funding for those students. Under New Jersey law, charter schools receive funds per pupil from the school district amounting to 90 percent of the per-pupil spending by the district.