| Metrics | # |
| Charter Law | |
| State Has Charter Law | Yes |
| Year of Charter School Law | 1993 |
| Charter Cap | |
| State-Imposed Cap on Charter Schools | No |
| Charter Funding | |
| State Provides Funding for Charter Schools | Yes |
| Description of Funding | The state provides capital construct funds to qualified schools on a per pupil basis. For FY 2008, $5 million was appropriated; The legislature also provides a mechanism for limited credit enhancement for eligible, highly rated bond transactions for charter schools, by using the state’s moral obligation to back up to $400 million in debt. |
| Active Authorizers | |
| Active Authorizers | 45 Local School Districts; Independent Charter Board |
| Local School District | Yes |
| Independent Charter Board | Yes |