Replying to jodiFL, the funds generated from students who take Florida Virtual School (FLVS) courses go to the the Virtual School. Funding is received when a student completes a course. This is probably why local schools do not advertise and promote FLVS - they lose out on $ when students go that route.
To be honest, my oldest son, who is now a senior at SWHS, took his 1st FLVS course when he was a sophomore (so.... 2 1/2 years ago). When I went to the school to sign him up (you DO have to get the local school to sign some paperwork), they knew NOTHING about FLVS. I had to completely educate them about the program. No one had ever used it at SWHS. I was pretty surprised. In fact, I was actually told by an administrator that if SWHS taught the course, it was not available to the student on FLVS. Of course, this is not true at all, and such a statement is, in fact, against the law. Quite frankly, because the school does not receive funding for courses taken by local students on FLVS, they really don't actively encourage it. However, by law, they must allow students to use the system. (I now know several kids who attend SWHS who take FLVS courses, so it is not so new anymore.) I don't know how it works (financially and for FTE counts) when a student takes a couple of classes online and a couple of classes at the local school. When my son took the class, he did it in addition to the full load he was taking at SWHS, so I know the school did not miss out on any funding.
Here is a really neat summary of Florida's Virtual School. This paper was put out by Florida Tax Watch and although I can't find a date on the report, it uses data from the inception of the program though the year 2007, so it must be very recent. Oh, just looking at the web address, it seems like the report must be dated 10/15/07.
http://www.nacol.org/docs/FLVS_Final_Final_Report(10-15-07).pdf
It was interesting to see that FLVS spends much less per student than traditional schools yet students in FLVS scored higher on FCAT and on AP exams. Hmmm.... they must be doing something right. I didn't see any statistics about SAT or ACT score comparisons.
All in all, FLVS sounds like something that really is "in the best interests of students." How refreshing!