Friday, June 24, 2016

[Sponsored Message] Five Signs Of A Privatized Charter School

[Sponsored Message] Five Signs Of A Privatized Charter School:

Five Signs Of A Privatized Charter School

MOST CHARTER SCHOOLS are governed private boards – in many cases, these private boards set their own rules and by-laws with no direct public oversight whatsoever.

In 2009, Kevin O’Shea and Rosemary DiLacqua were charged with defrauding the Philadelphia Academy Charter School (“PACS”). DiLacqua, as PACS’ board president, authorized the quick rise of O’Shea, who had no educational qualifications, from facilities manager for the school, to its CEO, earning $200,000. The malfeasance included using approximately $710,000 to buy a building with the aim of reselling it to another charter school for a $1 million profit; demanding kickbacks from PACS vendors; using approximately $145,000 to outfit offices for themselves with posh amenities including at-screen televisions, executive bathrooms and granite countertops; submitting for reimbursement at least $40,000 in fraudulent invoices for personal meals, entertainment, home improvements, and gas and telephone bills; billing approximately $50,000 worth of home repairs to PACS; collecting approximately $34,000 in rent from entities using PACS facilities, attempting to destroy computer evidence to obstruct the investigation against them, and ling a false tax return.

MANY CHARTER SCHOOL BOARDS further hire distant school management companies that are either for-profit or not-for-profit corporations.

In Ohio, dozens of charter school boards turn about 96 percent of their taxpayer funding over to White Hat Management Company, a for-profit EMO. White Hat takes in more than $60 million in public funding annually for its charter school management services, yet refused to comply with requests from the governing boards [Sponsored Message] Five Signs Of A Privatized Charter School:




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