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Committee updates: charter sponsor considering higher funding share for Canyon Beach Academy
Summary
The district sponsors Canyon Beach Academy and currently funds it at 80% as state law requires; the charter has requested an increase to 90% and the board is reviewing the request—any change could affect next year's budget and require use of reserves or other funding sources.
Susan told the committee that Seaside sponsors Canyon Beach Academy as a public charter and currently funds the charter at the state‑required 80% level. The charter has formally requested increasing its funding share to 90% and the board held a work session to learn more about that request and other proposals.
Susan said the current 80% funding model is what state rules require of sponsoring districts and added that any decision to increase the funding level would require the board to decide whether to draw on reserves or reallocate funds. The budget under review did not include an increase to charter funding; Susan said the board will consider the request and may take action for next school year.
Why it matters: increasing the per‑pupil funding percentage for a sponsored charter would reduce funds available to district‑operated schools unless offset by reserves or additional revenue. The committee noted the request but did not change the budget at this meeting.
