281—19.12(256E) Funding.
	19.12(1) Each student enrolled in a charter school established under this chapter shall be counted, for state school foundation purposes, in the student’s district of residence pursuant to Iowa Code section 257.6(1)“a”(9), including any applicable amounts under Iowa Code section 256B.9. For purposes of this rule, residence means a residence under Iowa Code section 282.1.
	19.12(2) The charter school in which the student is enrolled shall receive under subrule 19.12(4) an amount equal to the sum of the state cost per pupil for the previous school year, plus the teacher leadership supplement state cost per pupil for the previous fiscal year as provided in Iowa Code section 257.9, plus any moneys received by the school district of residence for the student as a result of the non-English speaking weighting under Iowa Code section 280.4(3) for the previous school year, multiplied by the state cost per pupil for the previous year. If a student is an eligible pupil under Iowa Code section 261E.6, the charter school shall pay the tuition reimbursement amount to an eligible postsecondary institution as provided in Iowa Code section 261E.7.
	19.12(3) For a student requiring special education, the school district of residence shall pay to the charter school, pursuant to the timeline in Iowa Code section 282.20(3), the actual costs incurred in providing the appropriate special education.
	19.12(4) The amount required to be paid to the charter school under subrule 19.12(2) shall be paid by the department to the charter school during the school year for which the student is enrolled in the charter school. The amount paid to the charter school under this subrule shall result in an equal reduction to the school district of residence’s state aid payment amount under Iowa Code chapter 257 for the school budget year following the school year for which the payment to the charter school is made, so long as the student was counted in the district of residence’s actual enrollment in the school year for which the student attended the charter school.
	19.12(5) There is appropriated annually from the general fund of the state to the department of education an amount necessary to pay all applicable amounts to charter schools under subrule 19.12(4).
	19.12(6) The charter school shall complete and provide to the students’ school districts of residence all documentation necessary to seek Medicaid reimbursement for eligible services.
	19.12(7) If necessary, and pursuant to paragraph 19.12(7)“a,” funding amounts required under this rule for the first school year of a new charter school shall be based on enrollment estimates for the charter school included in the charter school contract. The process set out in paragraph 19.12(7)“b” shall be used for determining estimated enrollments for charter school funding purposes in school years after the first year of a charter school. Amounts paid using estimated enrollments shall be reconciled during subsequent payments based on actual enrollment of the charter school during each school year pursuant to paragraph 19.12(7)“c.”
	a. 	Enrollment estimates for the first school year shall be based on the number of enrolled students reported to the department through the student information system by August 5 of the school year.
	b. 	Enrollment estimates for school years following the first school year shall be based on the number of enrolled students reported to the department through the student information system by August 5 of the school year.
	c. 	Estimated payments shall be reconciled, at minimum, based on actual enrollment information reported by the charter school pursuant to Iowa Code sections 256.9(44) and 257.6.
	19.12(8) If a charter school is eligible for federal funds, those federal funds will be calculated and distributed based on relevant federal statute and regulation.
	19.12(9) For purposes of this rule, each charter school shall notify the district of residence of each child in a time and manner that allow the district of residence to include the child in the district’s certified enrollment and any other relevant enrollment data.
[ARC 6078C, IAB 12/15/21, effective 1/19/22; ARC 6486C, IAB 8/24/22, effective 8/8/22; ARC 6725C, IAB 12/14/22, effective 1/18/23]