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Saturday, June 9, 2012

Florida Charter School Triples Taxpayer-Funded Management Fees | Scathing Purple Musings

Florida Charter School Triples Taxpayer-Funded Management Fees | Scathing Purple Musings:


Florida Charter School Triples Taxpayer-Funded Management Fees

From WFTV:
The charter school industry is growing rapidly in Florida and while the schools are funded solely by tax dollars, current law requires little accountability of how those tax dollars are spent.
And Channel 9′s Lori Brown discovered a charter school company operating three Orange County schools recently tripled its management fees.
The for-profit management company, Accelerated Learning Solutions out of Nashville, Tenn., raised its fee from $1 million in 2010 to nearly $3.2 million in 2011.
And the fee is charged on top of the school’s operating expenses, Brown said.
“It is a real problem, and it is something the public needs to be aware of,” said Orange County School Board chairman Bill Sublette. “We need our legislature to take a good, hard look at charter