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Under this program, State grantees use Federal funds as a match against non-Federal funds that States distribute to help charter schools pay for facilities. The Department has implemented a measure to assess the efficiency of the State Charter School Facilities Incentive Grant Program by examining the ratio of funds leveraged by the States to funds awarded by the Department. The leveraging ratio is the total funds available (the federal grant and the State match) divided by the Federal grant for a specific year. In addition, grantees are required to report the number of charter schools and students served per year.
The data is broken down by the 2004 and 2009 grantees.
2004 Grantees
Amount of Grant Funds Leveraged by 2004 Grantees |
|
Fiscal Year |
Leveraging Ratio* |
2004 |
6.9 |
2005 |
17.0 |
2006 |
5.3 |
2007 |
5.8 |
2008 |
45.0 |
Number of Charter Schools and Students Served by 2004 Grantees |
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State |
Project Year |
Number of Charter Schools Served |
Number of Students Served |
MN |
1 |
0 |
0 |
MN |
2 |
0 |
0 |
MN |
3 |
32 |
6,838 |
MN |
4 |
34 |
7,440 |
MN |
5 |
30 |
7,436 |
MN |
6 |
21 |
6,309 |
MN |
7 |
12 |
2,670 |
MN |
8 |
1 |
177 |
MN |
9 |
0 |
0 |
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DC |
1 |
0 |
0 |
DC |
2 |
8 |
4,755 |
DC |
3 |
10 |
6,927 |
DC |
4 |
16 |
7,819 |
DC |
5 |
7 |
7,431 |
DC |
6 |
0 |
0 |
DC |
7 |
8 |
7,705 |
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CA |
1 |
0 |
0 |
CA |
2 |
0 |
0 |
CA |
3 |
25 |
5,940 |
CA |
4 |
47 |
14,340 |
CA |
5 |
68 |
22,263 |
CA |
6 |
88 |
30,111 |
CA |
7 |
93 |
34,587 |
CA |
8 |
73 |
30,512 |
CA |
9 |
62 |
25,323 |
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UT |
1 |
27 |
6,191 |
UT |
2 |
36 |
11,528 |
UT |
3 |
51 |
19,222 |
UT |
4 |
55 |
20,444 |
UT |
5 |
63 |
25,452 |
*Please note one of the grantees uses bond funds as its match. Since bond volumes fluctuate considerably from one year to another, the leveraging ratio for the program has fluctuated considerably as well.
2009 Grantees
Amount of Grant Funds Leveraged by 2009 Grantees |
|
Fiscal Year |
Leveraging Ratio |
2010 |
1.61 |
2011 |
2.43 |
2012 |
3.18 |
Number of Charter Schools and Students Served by 2009 Grantees |
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State |
Project Year |
Number of Schools Served |
Number of Students Served |
CA |
1 |
22 |
6,761 |
CA |
2 |
22 |
6,135 |
CA |
3 |
47 |
14,918 |
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IN |
1 |
47 |
17,043 |
IN |
2 |
51 |
20,025 |
IN |
3 |
48 |
20,038 |
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