- Cap Increase: Raises the cap in state law from 100 to 250 charter schools (allowing 100 more to be approved by the SUNY Trustees and 50 more approved by school districts and the Board of Regents).
- NYC Chancellor Schools: Provides for an unlimited number of charter schools authorized by the Chancellor of the New York City School District (i.e., removes Chancellor-approved charter schools from the cap).
- Building Aid: Charter schools will have access to state building aid in the same manner as ‘Special Act’ schools for building projects to be reimbursed by the state based on a regional formula. Charter schools will also be able to access financing and construction management services from the Dormitory Authority.
- Additional Authorizers: Nonprofit corporations will be authorized to approve charter schools, in addition to school districts.
Stay tuned. Now the real game begins.
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