Limits reimbursement rate for charter school facilities expansion in large cities to "reasonable rental costs".

This bill amends the education law to change the reimbursement rate for charter school facilities expansion in city school districts located in cities with a population of one million or more. It replaces "actual rental costs" with "reasonable rental costs" for these expansions. The term "reasonable rental costs" is defined as a rental cost that is reasonable, appropriate, and comparable to the rental costs of facilities at a similar location and of a comparable quality, condition, and size.

Limits reimbursement rate for charter school facilities expansion in large cities to "reasonable rental costs".

This bill amends the education law to change the reimbursement rate for charter school facilities expansion in city school districts located in cities with a population of one million or more. It replaces "actual rental costs" with "reasonable rental costs" for these expansions. The term "reasonable rental costs" is defined as a rental cost that is reasonable, appropriate, and comparable to the rental costs of facilities at a similar location and of a comparable quality, condition, and size.