Question:
I would like to know where Charter Schools get their money to build their schools. Thank you
Answer:
Charter school facilities are paid for by the state monies appropriated to the charter school (largely the WPU and LRF). There are no special funds designated to charter schools to help them with facility costs. They have to prioritize their budget to include facility costs. For that reason, some charter schools have decided to rent or lease or partner with an existing school or institution (i.e. AMES Academy at Cottonwood High or Canyon Rim in Millcreek).
Charter schools are required to follow all state procurement policies. If they make the decision to lease a building, they are required to pay property tax.
One of the main obstacles for charter school facilities is access to capitol. Charter schools do not have the full faith and credit of the state and therefore pay much higher interest rates.
I hope that helps.