As charter schools grow, so do management fees
ORANGE COUNTY, Fla. —
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 threeOrange 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.
