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Tuesday, September 25, 2018

Charter’s $30m payout sparks political backlash :: K-12 Daily

Charter’s $30m payout sparks political backlash :: K-12 Daily :: The Essential Resource for Superintendents and the Cabinet

Charter’s $30m payout sparks political backlash



(Ariz.) Charter schools and policies supporting parental choice may have no greater champions than the Republican leadership in the Arizona state house, but a recent school real estate deal could test that commitment.
In a quiet move made earlier this month that has sparked headlines, a state oversight board voted unanimously to approve the transfer of a Phoenix area charter school from a for-profit corporation to a non-profit entity.
The action triggered a windfall profit of up to $30 million in tax money to the owner of the dispensing company, who also happens to be a member of the Arizona House of Representatives, according to published reports.
Eddie Farnsworth, R-Chandler, told the Arizona Republic last week that he deserved the profit-taking because he had invested millions of dollars in launching the charter school twenty years ago.
“I make no apologies for being successful,” he told reporters.
Farnsworth–an attorney and a one-time staff member to U.S. Sen. Orrin Hatch of Utah–is also on the ballot in November, running for a seat in the state Senate.
Although the move has raised eyebrows among his GOP colleagues, few if any have criticized his action publicly. That said, Gov. Doug Ducey–who is locked in a dead-heat in his election bid with his Democratic challenger, reversed gears shortly after the Farnsworth deal became public, and endorsed a package of bills that would impose more accountability on charter schools and new restrictions on charter operators for profit-taking at public expense.
“Republicans ignore all the evidence of a problem while joining hands and chanting, “school choice, school choice, school choice,” wrote Republic columnist Laurie Roberts last week. “Indeed it is a choice to focus only on charter school successes—and there are certainly some—while ignoring problems rampant in the charter school industry.”
The Farnsworth controversy comes at a bad time for Republicans, who have been locked in an continue reading: Charter’s $30m payout sparks political backlash :: K-12 Daily :: The Essential Resource for Superintendents and the Cabinet