RespondToAirheads 
Member since Mar 31, 2015


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Re: “Ever Wonder How Charters Pay For Those Nice, New Schools?

It amazes me that crackpots that know absolutely nothing about school finance and charter-school bond financing can make this stuff up out of thin air and gullible readers believe it like there is one shred of fact in the entire article. Instead of the incredible waste in district public schools (I know, I worked for one for five years), charter schools actually have to manage their money and pay their own bills. District school build high schools that cost upwards of $80 million each and elementary schools at $15 million to $20 million each. Charter schools build functional schools at $10 - $15 million per high school and $5 - 9 million for elementary schools. Charter schools use private investor money, NOT additional tax dollars to build schools. If a school fails, the investors that knew the risk lose, NOT the taxpayers. Industrial Development Authorities are simply conduit (pass though) bond issuers and collect fees from the transactions to reinvest in the local community. Show me any other governmental or quasi-governmental agency that makes money. Wake up and quit believing this dribble.

15 likes, 17 dislikes
Posted by RespondToAirheads on 03/31/2015 at 8:56 PM

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