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Adding Up the Spending: Fiscal Disparities and Philanthropy among New York City Charter Schools

Policy Brief - Jan 27, 2011

Author(s) - Bruce Baker and Richard Ferris, Rutgers

Adding Up the Spending: Fiscal Disparities and Philanthropy Among New York City Charter Schools analyzes the financial resources available to charter schools and also looks at their performance on state standardized tests. The study concludes that while NYC charter spending varies widely and seems to depend upon access to private donations, they are not underfunded compared with traditional public schools. Further, on average NYC charters are not out-performing traditional public schools and there doesn’t appear to be a connection between charter funding and test scores.