Katy South - Fulshear Edition | August 2023

INSIDE INFORMATION

in with the NEW!

Understanding charter schools Charter schools are tuition-free public schools that were created by the Texas Legislature in 1995 to foster innovation and allow for more choices in the state’s public school system. Unlike traditional public schools, charter schools are fully funded by the state and receive no local revenue, such as property taxes.

Comparing schools

Charter schools serve about 7% of all public school students in Texas. Charter schools and independent school districts have similarities and dierences in their required rules and regulations. Key Number of students served Number of campuses ISDs Charter schools 5.43M students Nearly 300,000 students 8,973 schools 896 schools

The similarities

The differences

• Flexibility in designing and running charter schools • Specialized programs and models • Teacher certication requirements

• State curriculum standards and exams • Graduation requirements • Special education and bilingual

education requirements • Financial and academic accountability

Get ready, because there are all kinds of new coming to Elyson. Outdoor new. Indoor new. New shopping, new models, new moments. So much new, in fact, it might start to get old. (But we don’t think it will.) Visit Elyson.com/InWithTheNew

The process for admission to charter schools depends on whether there is space available at the school.

Admissions

Future students or parents must ll out an application with basic identifying information.

Preference in the lottery may be given to students with a sibling already admitted to or attending the school or students whose parent works on sta. If a school has more applicants than positions available, all open- enrollment charter schools are required to utilize a random lottery or admit students based on application submission order. Charter schools are open to all students, but barriers to entry can include living outside school boundaries, or having a criminal or disciplinary history.

NEW HOMES FROM THE $300 s –$1M+ 281.640.4004 23634 Savannah Sparrow Lane, Katy, TX 77493

From Grand Parkway, exit FM 529 and travel west. Turn right at Elyson Blvd. and follow signs to Model Home Village.

While charter schools receive more funding from the state overall than independent school districts, charter schools receive less public funding in total since they are not funded locally.

Funding

Public charter schools

Independent school districts

Newland is proud to be a part of Brookfield Properties. We are one of the largest developers of mixed-use communities in the United States. With our partner, North America Sekisui House, LLC, we believe it is our responsibility to create enduring, healthier communities for people to live life in ways that matter most to them. newlandco.com | nashcommunities.com

$11,958* per student Local funding: $7,611 per student State funding: $4,347 per student

$10,992 per student Local funding: none State funding: $10,992 per student

Homes at Elyson ® are built and sold by home builders (“Builders”) unaffiliated with NASH FM 529, LLC (“Owner”), Newland Real Estate Group LLC (“Newland”) or their related entities. Buyers should review the purchase agreement, public offering statement., and other offering materials provided by the seller prior to signing any contract to purchase a home. Details on the prospective development are provided for informational purposes only and there is no guarantee that the final development will match the developer’s vision. EQUAL HOUSING OPPORTUNITY. Copyright © 2023 NASH FM 529, LLC (“Owner”). All Rights Reserved. No reproductions, distribution, or unauthorized transmission of any portion is permitted without written permission of Fee Owner. (3/23)

*TEXAS PUBLIC SCHOOLS GET MULTIPLE ALLOTMENTS BEYOND THE BASIC PER PUPIL FUNDING. THESE NUMBERS ARE CALCULATED BASED ON AVERAGE OVERALL FUNDING FROM STATE AND LOCAL SOURCES.

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