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Massachusetts Charter Schools

FY18 Early Rate Projections

In an effort to assist Commonwealth charter schools in their budget preparations for fiscal year 2018, we are providing early rate projections.

Some key points on the Foundation Base Rates:

  • Foundation budgets have been raised by a 1.11 percent inflation factor.
  • The "benefits and fixed charges" foundation rate category has been increased as a result of recommendations from the Foundation Budget Review Commission, increasing overall tuition by nearly $3.4 million.
  • These are live rates, derived from each school's October 2016 SIMS enrollment.
  • Economically disadvantaged enrollment continues to be used in lieu of free and reduced lunch data.
  • The underlying assumptions (enrollment, inflation, and wage adjustment factors) used in the Foundation Base Rates are not expected to change.

Some key points on the Above Foundation Spending Rates:

  • Actual Above Foundation Spending rates fluctuate until they are set in June of the fiscal year they represent.
  • In the absence of the actual school spending data needed to determine the Above Foundation Spending Rates, we are providing two rates, one derived from the lowest above foundation spending percentage from the prior 10 fiscal years, 2007 through 2016, and a second from the highest spending percentage from the same fiscal year bracket.
  • Past rates are presented solely as a guide. Actual rates may be lower or higher than those presented.
  • In a hidden sheet, users may find a district listing of the above foundation spending percentages for fiscal years 2007 through 2016.

The Facilities Rate is level funded at $893 per pupil, the same as it has been since fiscal year 2009.

As is the case with all rate projections, school business officials should allow for some margin of error when using these rates to prepare their FY18 budgets. Questions regarding this publication should be addressed to Hadley Cabral in the School Finance unit at (781) 338-6586 or hcabral@doe.mass.edu.



Last Updated: January 27, 2017
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