HYPOTHETICAL CHARTER SCHOOL
	"ONE-TIME" POST- CHARTER APPROVAL STARTUP COSTS
	(small, 75 student elementary school)
		LOW	MEDIUM	HIGH	ASSUMPTIONS
ADMINISTRATIVE SALARIES
Hire director prior to start-up		$ 9,950	$ 19,900	$ 29,850	2 TO 6 MONTHS OF ADMINISTRATOR SALARY
Administrative support		2,652	5,304	7,956	2 TO 6 MONTHS OF HALF-TIME SECRETARY
FACILITIES
Lease Deposit		10,000	12,000	14,000	COULD VARY WIDELY
Preparation, Decorating, & Fix-up		5,000	20,000	40,000	COULD VARY WIDELY DEPENDING ON CHANGES NEEDED AND TERMS OF LEASE
INITIAL STAFF DEVELOPMENT
Staff orientation development		3,600	7200	7,200	20-60 TEACHER DAYS AT $120/DAY
Instructional consultant		2,500	5,000	7,500
FURNISHINGS
Desks/Tables		4,000	7,500	9,000	20-30 TABLES @ $200 TO $300 EACH
Chairs		4,250	5,000	10,000	85 TO 200 CHAIRS @ $50 EACH
Staff Desks/chairs		500	1,050	2,000	5 TO 10 @ $100 TO $200 EACH
Bookshelves		600	1,125	2,000	10 TO 20 @ $60 TO $100 EACH
File Cabinets		500	750	1,000	5 TO 10 @ $100 EACH
Bulletin/Dry erase boards		750	1,000	1,500	5 TO 10 @$150 EACH
Other storage		1,000	1,000	1,000	10 @$100
INSTRUCTIONAL MATERIALS & EQUIPMENT
Texts and Curriculum		15,000	18,750	22,500	ESTIMATE $200 TO $300 PER STUDENT
Computers		7,500	20,000	75,000	5 TO 30 @ $1500 TO $2500 EACH
Printers		600	1,200	3,000	1 TO 5 @ $600 EACH
Software		2,500	5,000	15,000	$500 PER COMPUTER
Fax/modems		300	1,000	1,800	2 TO 12 @ $150 EACH
Television			500	1,000	0 TO 2 @ $500 EACH
Overhead projectors		500	1,000	1,500	1 TO 3 @ 500 EACH
VCRs		-	400	800	0 TO 2 @ 400 EACH
PA system			500	750
Projection screens		125	250	375	1 TO 3 @ $125 EACH
OFFICE EQUIPMENT
First aid kits		200	300	400
Copier		-	-		NA--ASSUME LEASE
Misc. office supplies		250	500	750
Fire extinguishers		250	300	400	5 TO 8 @ $50
Cleaning equipment		250	250	250
Telephone system		250	1,000	1,500
Tool kit		100	150	250
Other		500	1,000	1,500
PROFESSIONAL SERVICES
Legal		5,000	7,000	10,000	INCORPORATION, PERSONNEL POLICIES, ETC.
Assessment consultant		2,500	4,000	6,000	DEVELOP COORDINATED ASSESSMENT SYSTEM
Finance & operations		2,500	4,000	6,000	SET UP BOOKKEEPING & OPERATIONS SYSTEMS
Special needs students		2,500	4,000	6,000	DEVELOP PLAN TO MEET SPECIAL NEEDS & LEP
TOTALS		$83,627	$153,929	$281,781

 This start-up budget is intended only to stimulatediscussion on what constitutes the real cost of opening a charterschool. It is based on a variety of assumptions that may be uniqueto a particular school start-up effort. It does not include the costof planning the charter development effort, drafting or negotiatingfor approval of the charter and/or related agreements, or a varietyof other costs that are common to the pre-approval stages of charterschool development. It also does not include "working capital" tocover cash flow needs which may vary widely from school-to-school oracross states. Contact Eric Premack if youhave comments or suggestions on how to improve this sample start-upbudget.