BY LESLIE BRODY, STAFF WRITER
The Record
A new proposal for an online charter school for 1,000 children statewide comes with an unusual twist: After its first year, the public school expects to have nearly $4.7 million left in the bank.
The Garden State Virtual Charter School, to be based in Teaneck, would not have many of the expenses of running a bricks-and-mortar school, from buses and nurses to sports. Its plan estimates roughly $15.4 million in state and local funding and $10.7 million in expenses. The charter’s spokesman said it was not clear what the school would do with the surplus.
More>>
