(1) To cover the costs of overseeing charter schools in accordance with this chapter, the authorizer shall receive three percent (3%) of annual per-pupil allocations received by a charter school from state and local funds for each charter school it authorizes.(2) The authorizer may receive appropriate gifts, grants and donations of any kind from any public or private entity to carry out the purposes of this chapter, subject to all lawful terms and conditions under which the gifts, grants or donations are given.(3) The authorizer may expend its resources, seek grant funds and establish partnerships to support its charter school authorizing activities.Added by Laws, 2013, ch. 497, HB 369, 6, eff. 7/1/2013.
Mississippi Legal Code