(1) A cyber charter school shall provide an intermediate
unit, school district, community college or institution under
Article XX-A with at least sixty (60) days' notice of the need
for facilities to be used for the administration of standardized
tests.
(2) Within thirty (30) days of the cyber charter school's
request, the intermediate unit, school district, community
college or institution under Article XX-A shall notify the cyber
charter school of the location of the facilities that will be
provided, which shall be a quiet, separate location in which
cyber charter school students will not be commingled with
students of the intermediate unit, school district, community
college or institution under Article XX-A.
(3) An intermediate unit, school district of residence,
community college or institution under Article XX-A shall not be
required to make facilities available to a cyber charter school
on dates and at times that may cause undue interference with the
educational programs of the intermediate unit, school district,
community college or institution under Article XX-A.
(4) Any facilities rental fee charged to the cyber charter
school and the payment thereof shall be in compliance with the
facility rental policy of the intermediate unit, school
district, community college or institution under Article XX-A
that applies generally to all organizations and community
groups.
(g) As used in this section, "charter school entity" shall
mean a charter school, regional charter school or cyber charter
school.
Section 8. The act is amended by adding a section to read:
Section 1731.1-A. Fund Balance Limits.--Fund balance limits
shall be as follows:
(1) For the 2023-2024 school year and each school year
thereafter, a charter school entity shall not accumulate an
unassigned fund balance greater than the charter school entity
unassigned fund balance limit, which will be determined as
follows:
Charter School Entity
Total Budgeted Expenditures
Maximum Unassigned Fund
Balance as Percentage of
Total Budgeted Expenditures
Less than or equal to $11,999,999 12%
Between $12,000,000 and $12,999,999 11.5%
Between $13,000,000 and $13,999,999 11%
Between $14,000,000 and $14,999,999 10.5%
Between $15,000,000 and $15,999,999 10%
Between $16,000,000 and $16,999,999 9.5%
Between $17,000,000 and $17,999,999 9%
Between $18,000,000 and $18,999,999 8.5%
Greater than or equal to $19,000,000 8%
(2) For the 2023-2024 school year and each school year
thereafter, any unassigned fund balance in place on June 30,
2022, and on June 30 of each year thereafter in excess of the
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