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Table 3.
Net Fiscal Impacts for Durham, 2015—16
Elasticity10.80.5*
Variable Costs / Pupil (VC(1))$6,468$5,175$3,234$7,234
Scenario     
$520 $710 $994 $409 
$534 $706 $964 $432 
$547 $703 $935 $445 
State aid / pupil (rS$5,039 
Local payments / pupil (rL$3,271 
Charter enrollment share 15% 
Elasticity10.80.5*
Variable Costs / Pupil (VC(1))$6,468$5,175$3,234$7,234
Scenario     
$520 $710 $994 $409 
$534 $706 $964 $432 
$547 $703 $935 $445 
State aid / pupil (rS$5,039 
Local payments / pupil (rL$3,271 
Charter enrollment share 15% 

Notes: Table presents estimates of Net Fiscal Impact for Durham in 2015—16. The columns each apply a different elasticity. Scenario A is all charter students left public schools; B is charters draw proportionately from public and private schools; C is charters draw disproportionately from private schools. Column * reports estimates for an elasticity of variable cost adjustment of 1, but facilities-related expenses are adjustable with an elasticity of 0.5 instead of fixed.

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