The report estimates the 2013-14 financial impact on the Newburgh School District to be 1.9 million (1,715,910 "basic tuition" and 201,965 "estimated district special education payment").
The last few paragraphs of the report:
Granting the proposed charter is likely to improve student learning and achievement, will materially further the purposes of the Act and will have a significant educational benefit to the students expected to attend the charter school. This finding is based on the totality of the information presented in the application and during the application review process, as summarized in this document.
Based on the Department's review and findings, Commissioner John B. King, Jr. recommends that the New York State Board of Regents approve the proposal to establish the Newburgh Preparatory Charter High School to open in 2013 in Newburgh, New York.
Pauline Liu has an article in today's Record about Newburgh Prep: Charter school team didn't do all the math.