Illinois HB5097 amends charter school laws, allowing the State Board of Education to charge up to 3% of a charter school's revenue as an.
HB5097 amends the Charter Schools Law in Illinois, allowing the State Board of Education to charge charter schools up to 3% of their revenue as an administrative fee. This fee can only be used for authorizing activities, such as reviewing charter applications, negotiating contracts, and monitoring performance. Any unexpended portion of the fee must be returned to the charter school. The bill also mandates that charter schools provide annual public accounting of the fee collected, its uses, and any unexpended amounts.
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