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Saturday, April 7, 2012

Cash: Charter Schools will Take Millions from Unified District | Memphis Breaking News, Weather & Sports | WPTY-TV | ABC24, abc24.com

Cash: Charter Schools will Take Millions from Unified District | Memphis Breaking News, Weather & Sports | WPTY-TV | ABC24, abc24.com:


Cash: Charter Schools will Take Millions from Unified District

Reported by: Mike Matthews
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Updated: 4/05 7:03 pm
MEMPHIS, TN (abc24.com) - The superintendent of Memphis City Schools says money is going to be tough to find for schools Memphis and Shelby County. He's concerned after the state allowed 17 new charter schools for Memphis.

The money for education follows the students, and Dr. Kriner Cash says the ruling will mean city schools will take an $87 million hit.

Charter schools are already here, and more are coming. 17 more can open once they get their money. The state treasurer