A host of new, small schools opening in Chicago will get more money than regular district schools, officials have decided.
The 100-plus schools set to open by 2010 will get an additional $560 per student if their enrollments stay under 600, and if they offer after-school programs, officials announced on Nov. 10.
The 430,000-student district also increased the amount of special education money available to the new schools and boosted funding for the new high schools that will be created under the Renaissance 2010 plan.
The revisions were intended to address concerns, expressed by potential operators of the schools, that the proposed funding formulas were insufficient. (“Chicago Mayor’s Plan for New Schools Hits Snag Over Finances,” Oct. 27, 2004.)
Two-thirds of the charter and charter-like schools opening under the plan will be operated by private organizations.
