FL S1100

Establishes a Return-on-Investment (ROI) rating system by January 31, 2015, to measure how effectively schools and districts use core operating expenditures to improve student achievement, with ratings based on comparisons to fiscal peers of similar size and funding.

Requires school report cards to include ordinal ROI ratings for both individual schools and school districts beginning with the 2015-2016 school year, and mandates schools post ratings on their websites and link to Department of Education postings.

Creates the Schoolhouse Funding Pilot Program allowing up to 13 public schools (4 high schools, 4 middle schools, 5 elementary schools) to participate in a pilot giving principals increased budget and hiring authority while requiring participation in professional development focused on financial management and student achievement.

Establishes that pilot schools receive per-student funding calculated from district operating funds divided by total weighted students, receive their proportionate share of categorical funds including federal Title I and IDEA funds, with districts charging up to 5 percent administrative fees for required services.

Requires pilot school employees to undergo background screening, prohibits employment of individuals whose certification is suspended or revoked or who resigned to avoid discipline related to student safety, and voids any confidentiality agreements that conceal misconduct affecting student welfare.