Ball State University's Office of Charter Schools requires five budget schedules to be included with a proposal to charter. These schedules can be downloaded on the university's charter school Web site.

Schedule A — Pre-operational budget
A charter school is likely to incur considerable costs before it receives state and local funds. Prepare a budget projection that includes revenues and expenditures related to early planning and development costs that you expect to incur prior to the first day of the school year.

Schedule B — First Six Months of Operation
July 1 to December 31 of the first school year brings significant challenges to a new charter school. With school beginning in July or August and state funding not beginning until January or February, charter schools must rely on a loan from the state's Common School Loan Fund and other sources of income.

Schedule C — First Full Calendar Year of Operation
Tuition support from the state begins flowing in January or February and local funding from the appropriate County Auditor is distributed beginning June 30. Present an income and expense budget for the school's first full calendar year of operation.

Schedule D — Second Full Calendar Year of Operation
Present an income and expense budget for the school's second full calendar year of operation.

Schedule E — Third Full Calendar Year of Operation
Present an income and expense budget for the school's third full calendar year of operation.

Schedule F — Summary of Schedules A - E
Provide requested summary of each of the first five budget schedules.

Schedules