In this chapter, the following terms have the meanings indicated. Terms Defined. “Buy back” means a good or service that a public charter school elects to purchase from the local school system. “In-kind service” means a service offered by the local school system to a public charter school and accepted by the public charter school without charge. “Public charter school” means a public school that: Is nonsectarian in all its programs, policies, and operations; Is a school to which parents choose to send their children; Except as provided in Education Article, §§ 9-102. 1, 9-102. 2, and 9-102.3, Annotated Code of Maryland, is open to all students on a space-available basis and admits students on a lottery basis if more students apply than can be accommodated; Is a new public school or a conversion of an existing public school; Provides a program of elementary or secondary education or both; Operates in pursuit of a specific set of educational objectives; Is tuition-free; Is subject to federal and State laws prohibiting discrimination; Is in compliance with all applicable health and safety laws; Is in compliance with Education Article, §9-107, Annotated Code of Maryland; Operates under the supervision of the public chartering authority from which its charter is granted and in accordance with its charter and, except as provided in Education Article, §§ 9-104. 1 and 9-106, Annotated Code of Maryland, the provisions of law and regulation governing other public schools; Requires students to be physically present on school premises for a period of time substantially similar to that which other public school students spend on school premises; and Is created in accordance with Education Article, Title 9, Annotated Code of Maryland, this chapter, and the appropriate local board policy. “Special education adjustment” means an amount that: Equals the difference between: A local school system’s actual expenditures on special education services and special education transportation during the prior fiscal year; and The local, State, and federal revenue dedicated to those costs that the local school system received the prior fiscal year; and Is allocated to meet the needs of students with disabilities in the local school system, including students with disabilities enrolled in public charter schools.