By John M. Abeigon
Financial openness is just the beginning. Corporate-sponsored charter schools need to authenticate their undocumented successes
The time has come for New Jersey taxpayers to take a close look at corporate-sponsored charter schools in New Jersey. So-called school-choice advocates are pumping millions of dollars into political and advertising campaigns to protect the status quo when it involves the quasi-secret operations of privately managed charter schools in cities like Newark and elsewhere. The strike a wedge between Newark’s parents to draw the attention of taxpayers away from their financial shenanigans.
First of all, it is vital to recognize the difference between a community charter school and a corporate charter school. The Newark Teachers Union has asked for more transparency in the management of corporate-backed charter schools. The Newark Public Schools have two monthly meetings where the school board and superintendent can be held accountable for the actions of their school. When was the last time the citizens of Newark were invited to a KIPP board meeting? What about Uncommon Schools?
Also, as these charters have grown, banks and corporations have developed ways, and found alternative credit routes, to provide capital to charter schools at favorable rates. What are these rates? And what are they funding? Have taxpayers and state legislators had an opportunity to review these credit applications?
Why are Newark’s corporate-run charters so afraid of transparency and democracy? Are Newark taxpayers allowed to run for election on a North Star Academy school board? Where are their financial statements? Where are their attendance reports? How are they spending taxpayer money? And why must the union be asking these questions?
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