One doesn't need to be a genius to see that the New York City Department of Education is spending more money on charter schools. The Independent Budget Office in a new report does a review of the spending and they conclude there is a steady increase for charter schools. Thanks to Harris Lirtzman for sending this out.
Here is a part of the IBO report:
Payments to non-DOE schools continued to grow in absolute and in relative terms during the de Blasio Administration as existing charter schools continued to fill out their complement of grade levels and new charter schools opened. The increase in charter school payments has been partly offset by a decrease in spending on special education private schools in recent years. The preliminary budget anticipates payments to non-DOE schools in 2018 of $3.6 billion, or 43 percent more than in 2013, the last full year of the Bloomberg Administration. In absolute terms, the increase in funding for non-DOE schools during the de Blasio Administration budgets (2014–2018) is similar to the increase over the last few Bloomberg Administration budgets (2009-2013): $1.1 billion versus $1.2 billion, respectively.
IBO continues further down:
Payments to charter schools are expected to continue to increase through 2021 due to both increasing enrollment and likely future increases in tuition levels. Generally, charter school tuition is based on DOE per-pupil spending with a two year lag, increased by a factor determined by statewide per-pupil spending patterns in recent years. This formula was superseded in 2015 through 2017 by an act of the state Legislature, which substituted fixed per-pupil increases for those years rather than the formula-driven amounts. IBO anticipates that the Legislature will reapply the charter school formula for 2018 and subsequent years. This will likely result in an increase in charter school tuition as DOE’s recent per-pupil spending increases are reflected in the charter tuition formula.
The city has experienced continued growth in charter school enrollment in recent years with growth expected to continue steadily in the near future. Currently, over 100,000 students, or 10.5 percent of the total enrollment in DOE-managed schools, are enrolled in charter schools. Enrollment and the related spending on charter schools grew steadily through Mayor Bloomberg’s last term and has continued to grow through the de Blasio Administration.
Has the UFT's so called friend Mayor de Blasio and new friend Governor Cuomo done anything to slow charter expansion to invest more in public schools that must educate every child that comes through the doors?
The remainder of the increases in education spending are coming our salary increases and expanded programs such as pre-K. Here, it should be pointed out that the IBO report expects costs for our retroactive payments to continue to take up more DOE money but an expert from the IBO has already explained how payments to us will not be a huge drain on the city's treasury.