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Thursday, May 3, 2012

Shanker Blog » The Relatively Unexplored Frontier Of Charter School Finance

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The Relatively Unexplored Frontier Of Charter School Finance

Do charter schools do more – get better results – with less? If you ask this question, you’ll probably get very strong answers, ranging from the affirmative to the negative, often depending on the person’s overall view of charter schools. The reality, however, is that we really don’t know.
Actually, despite uninformed coverage of insufficient evidence, researchers don’t even have a good handle on how much charter schools spend, to say nothing of whether how and how much they spend leads to better outcomes. Reporting of charter financial data is incomplete, imprecise and inconsistent. It is difficult to disentangle the financial relationships between charter management organizations (CMOs) and the schools they run, as well as that between charter schools and their “host” districts.
new report published by the National Education Policy Center, with support from the Shanker Institute and theGreat Lakes Center for Education Research and Practice, examines spending between 2008 and 2010 among charter schools run by major CMOs in three states – New York, Texas and Ohio. The results suggest that