Charter Public Schools.

CHARTER PUBLIC SCHOOLS. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE. Amends Constitution to provide charter schools are within public school system and permits formation or operation as nonprofit corporations. Expands parental choice of public education opportunities. Provides for governing board, county or state education board to make charter decisions. In suits regarding charter decisions, governing board bears burden of proof for denial, revocation or renewal of charter. Student achievement must exceed state public school average or charter revocable. Permits conversion of lowest performing public schools to charter schools. Eliminates current limit of 100 charter schools. Authorizes teacher compensation based on performance. Summary of estimate of Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Long-run increased state school costs, potentially in the tens of millions of dollars annually, to the extent the measure results in students who are currently attending private school shifting to public schools. Reduced revenues and increased costs to school districts resulting from an increase in the number of charter schools and changes in charter school financing. Potential savings to the state and school districts for the costs of building and modernizing school facilities to the extent new charter schools operating in private facilities reduce the need for public school building