An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in charter schools, further providing for powers of charter schools, for charter school requirements, for contents of application to establish a charter school and for funding for charter schools; providing for actual costs of education services, for annual reports and assessments of charter schools and for charter school fund balance limit; further providing for assessment and evaluation of cyber charter schools; and providing for cyber charter school fund balance limit.