The Arkansas Senate Education Committee meeting on February 5, 2024, focused on funding for open enrollment charter schools and the criteria for extraordinary funding circumstances.

During the session, Representative McKenzie raised concerns about the fluctuating appropriation for facilities funding for open enrollment charters, which started at $15 million, decreased to $6 million, and then increased to $9 million. He questioned the rationale behind these changes, especially given the consistent number of charter schools since fiscal year 2016 and a higher participation rate.

A representative from the Public School Fund explained that the funding for charter schools is approximately $500 per Average Daily Membership (ADM). This figure was historically established to help offset maintenance costs for these schools. The representative noted that traditional public schools have more avenues to raise additional funds through local taxes, which may contribute to the differences in funding levels.

Additionally, Representative Springer inquired about the criteria for extraordinary circumstances that could warrant additional funding for projects. The response indicated that these criteria are outlined in existing rules and statutes, and the committee agreed to share this information with members.

The meeting concluded with appreciation for the presentations and discussions, highlighting the ongoing efforts to address funding challenges in Arkansas's education system.