Pinnacle Charter School RTTT Funding Per Student

If the Pinnacle Charter School accepts its entire award for the Race To The Top education reforms, it will receive $66,110 over 4 years.  After 2015, the Pinnacle Charter School will be expected to fund whatever the ongoing costs for implementing common core and other required initiatives outlined in the Obama Race To The Top reforms.

Although many consider the Race To The Top awards to be mainly for inner city minority districts, it appears the average per student award on a statewide basis is $143 when the data is broken down by race. One exception are Asians, who on average received $138 per student.  According to the 2011 census, Pinnacle Charter School had 534 students enrolled with the following racial makeup:

  • American Indian : 6
  • Asian : 1
  • Hispanic: 26
  • Black: 465
  • White: 12
  • Mixed: 24

Pinnacle Charter School and it’s award of $66,110 equals $124 per student over 4 years. As time goes by Pinnacle Charter School should begin to report new  Common Core/Race To The Top expenses in their budget. As a a parent or taxpayer in this district, it would be wise to request this number. Especially given the fact that multiple news sources are reporting massive costs are around the corner.

In total, New York state was awarded $700 million for implementing performance-based standards for teachers and principals, complying with Common Core standards, lifting caps on charter schools, turning around the lowest-performing schools, and building data systems. That money is essentially gone.

 

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