From Florida Politics,
Other parts of the tax bill involve policy issues, such as a change that could lead to more local capital-outlay tax dollars going to charter schools.
Since the state has abdicated properly funding education more and more communities have stepped up and passed sales tax referendums, and each community up till now was able to decide how they would share with charter schools. Well friends not anymore, as now they are required to share on a per pupil basis with charters which will cost districts hundreds of millions of dollars.
Up till now capital outlay tax dollars were there to serve specific purposes, upgrading technology, building schools, etc., well now charter schools can use the money to pay for things like their lease payments and if you didn’t know it, that is how charters make their money.
Most charters pay lease payments to a sister organization often above market value. Heck some charter chains have sister companies, under the same umbrella, that rent furniture and computers to the charters as well. Anyway that they can make a buck.
Here is a great article explaining more how that happens.
As public schools have stepped up and budgets are about to crater, one of DeSantis’s top priorities sadly was to make sure charters got paid.
To learn more, click the links.