New Media charter school satisfies SRC conditions for operating charter
The New Media Technology Charter School in Northwest Philadelphia is finally getting its new operating charter.
It took more than a year, but with the departure of the acting board president Wednesday night, the troubled school has satisfied 23 conditions the School Reform Commission required to renew its operating charter.
The SRC acted after The Inquirer reported allegations of financial mismanagement and conflicts of interest involving the school's founders in the spring of 2009.
The school has a new seven-member board and a new chief executive officer, and has adopted a series of strict financial and ethics policies.
"The new board is focused on working for the best interests of the individuals they serve," Michael Frattone, a lawyer who represents New Media, said in a statement Friday. "Although it may take some time, they are eager to work through any ongoing issues as quickly as possible, and focus on providing a strong educational foundation for the students, administrators, and parents of New Media Technology Charter School."
The school, which opened in 2004, has 483 students in grades five through 12 on campuses in the Stenton and Germantown neighborhoods. The renewal allows the school to operate until June 30, 2014.
Even though New Media is getting a new charter, a federal criminal investigation is continuing, according to
It took more than a year, but with the departure of the acting board president Wednesday night, the troubled school has satisfied 23 conditions the School Reform Commission required to renew its operating charter.
The SRC acted after The Inquirer reported allegations of financial mismanagement and conflicts of interest involving the school's founders in the spring of 2009.
The school has a new seven-member board and a new chief executive officer, and has adopted a series of strict financial and ethics policies.
"The new board is focused on working for the best interests of the individuals they serve," Michael Frattone, a lawyer who represents New Media, said in a statement Friday. "Although it may take some time, they are eager to work through any ongoing issues as quickly as possible, and focus on providing a strong educational foundation for the students, administrators, and parents of New Media Technology Charter School."
The school, which opened in 2004, has 483 students in grades five through 12 on campuses in the Stenton and Germantown neighborhoods. The renewal allows the school to operate until June 30, 2014.
Even though New Media is getting a new charter, a federal criminal investigation is continuing, according to
Read more: http://www.philly.com/inquirer/education/20100705_New_Media_charter_school_satisfies_SRC_conditions_for_operating_charter.html#ixzz0su1Nv7yH
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