Show Them the Money!

Nashville’s charter schools were not shy about applying for federal paycheck protection funds to supplement their budgets. Jason Freeman has the details:

https://twitter.com/AnneMarieDF/status/1280500895172767747?s=20

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Pinkston: Charter Industry Unraveling

MNPS Board Member Will Pinkston argues in today’s Tennessean that Nashville’s charter school industry is unraveling.

To make his case, he cites a federal class action lawsuit against RePublic charter schools, a state finding that Rocketship isn’t following the law when it comes to serving students with disabilities and English language learners, and a significant financial deficit at LEAD Public Schools.

Of Rocketship, Pinkston notes:

Despite failing to serve its current students, Rocketship routinely makes end-runs around the local school board to seek state approval of more charters. That’s because Rocketship’s growth isn’t driven by what’s best for kids but rather by its real-estate deals with Turner-Agassi Charter School Facilities Fund, a for-profit investment fund co-managed by tennis star Andre Agassi.

Taken together, Pinkston says, the problems faced by these three charter operators show an industry not living up to its hype.

Add to that the expense of charters, and Pinkston says we should exercise caution. He previously noted based on the findings of an audit of MNPS:

Briefly: The new audit acknowledges that unabated growth of charter schools does, in fact, have a fiscal impact on existing MNPS schools. The operative language in the audit relative to charter fiscal impact can be found on Page 3-16, which states: “The key question for determining fiscal impacts is whether enrollment reductions allow a district to achieve expenditure reductions commensurate with revenue reductions. Fixed costs are incurred regardless of whether students attend traditional or charter schools. The problem is that some fixed costs, such as building maintenance, computer network infrastructure, and health services do not vary based on enrollment. Therefore, teachers and their salaries are a key cost driver tied to student enrollment … However, it is not always possible to reduce teacher costs proportionate to losses in revenue. For these costs to be reduced significantly, the school would need to close altogether.”

While some call it a distraction, the charter debate is alive and well in MNPS.

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