IN Code § 20-24-7-13.5 (2021)
2021 Indiana Code|Title 20. Education|Article 24. Charter Schools|Chapter 7. Fiscal Matters|20-24-7-13.5. Funding for Certain Charter Schools for Adults; Exceptions; Limitations; Reporting Requirements

Sec. 13.5. (a) This section applies to the following charter schools:(1) The Excel Centers for Adult Learners.(2) The Christel House DORS centers.(3) The Gary Middle College charter schools.(b) Notwithstanding any other law, for a state fiscal year, a charter school described in subsection (a) is entitled to receive funding from the state in an amount equal to the product of:(1) the charter school's number of students who are Indiana residents (expressed as full-time equivalents); multiplied by(2) six thousand seven hundred fifty dollars ($6,750) beginning July 1, 2017.(c) However, in the case of the charter school described in subsection (a)(3), the funding under this section applies only for those students who are twenty-two (22) years of age and older. In addition, the total number of students (expressed as full-time equivalents) of all adult learners in charter schools covered by this section may not exceed the following:(1) For the 2021-2022 state fiscal year:(A) For the Christel House DORS centers, eight hundred twenty-five (825) adult learner students.(B) For the Gary Middle College charter schools, two hundred fifty (250) adult learner students.(C) For the Excel Centers for Adult Learners, four thousand nine hundred (4,900) adult learner students.(2) For the 2022-2023 state fiscal year:(A) For the Christel House DORS centers, eight hundred twenty-five (825) adult learner students.(B) For the Gary Middle College charter schools, two hundred fifty (250) adult learner students.(C) For the Excel Centers for Adult Learners, four thousand nine hundred (4,900) adult learner students.(d) A charter school described in subsection (a) is entitled to receive federal special education funding.(e) The state funding under this section shall be paid each state fiscal year under a schedule set by the budget agency and approved by the governor. However, the schedule shall provide for at least twelve (12) payments, that one (1) payment shall be made at least every forty (40) days, and the aggregate of the payments in each state fiscal year shall equal the amount required under this section. However, if the appropriations for this purpose are insufficient, the distributions to each recipient shall be reduced proportionately.(f) A charter school that receives funding as provided in this section must report the following information annually to the state board and (in an electronic format under IC 5-14-6) to the legislative council, on a schedule specified by the state board:(1) The number of adult learners enrolled in the charter school during the preceding year.(2) The demographics of the adult learners enrolled in the charter school during the preceding year (in a format requested by the state board).(3) The graduation rates of the adult learners enrolled in the charter school during the preceding year.(4) The outcomes for adult learners enrolled in the charter school, as of graduation and as of two (2) years after graduation. A charter school must include information concerning students' job placement outcomes, information concerning students' matriculation into higher education, and any other information concerning outcomes required by the state board.(g) This section expires June 30, 2023.As added by P.L.205-2013, SEC.235. Amended by P.L.47-2014, SEC.6; P.L.213-2015, SEC.161; P.L.217-2017, SEC.98; P.L.108-2019, SEC.210; P.L.165-2021, SEC.151.