Thursday, March 22, 2012

Charter school's finances questioned - Education and Schools - fresnobee.com

Charter school's finances questioned - Education and Schools - fresnobee.com:


Fresno charter school's finances questioned

FUSD board ill at ease with academy's $56,000 shortfall.

 - The Fresno Bee
Wednesday, Mar. 21, 2012 | 11:59 PM
The financial health of one of Fresno's charter schools came into question Wednesday night at the Fresno Unified School District board meeting.
The Fresno Academy for Civic and Entrepreneurial Leadership charter petition is up for renewal, and district trustees and staff expressed uneasiness about the school's finances. The school, which opened in 2009, will end the fiscal year with a roughly $56,000 shortfall, said Jacquie Canfield, executive director of fiscal services for Fresno Unified.
Canfield said the school has had trouble paying its bills to the county and the district is concerned the school may not be able to pay off debt.
The school's executive director and principal, Dave Childers, said he shared trustees' concerns

Read more here: http://www.fresnobee.com/2012/03/21/2770632/charter-schools-finances-questioned.html#storylink=cpy