Evidence from California
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Summary
Charter schools enroll a growing share of public school students, leading to concerns about the financial implications of charter schools for traditional public schools. Using detailed expenditure data for school districts in California, this paper exploits variation in charter school enrollment across time and between districts to evaluate how district spending and overall financial health change as nearby charter sectors expand. The analysis shows that larger charter enrollment shares are associated with lower levels of per-pupil spending and reduced fiscal health in traditional public...