What are the sources of revenue for a TPP?
The sources of revenue for some existing TPPs are the contracts they have with boards of chartered schools to implement and manage the schools’ educational programs and administer the learning sites. The boards of the schools pay these TPPs a lump-sum amount which they must manage. The amount is typically the lump-sum of the per-pupil funding transferred from the state to the schools. The cost of teacher salaries is allocated from this amount, as are all the other costs of school operation. Sometimes the TPPs spend so efficiently that they earn dividends, but none act as profiteers. Small dividends have sometimes been divided among members, but have mostly been spent on professional development. In Milwaukee, the TPPs do not have contracts with the boards of the chartered schools they serve. Instead, Milwaukee Public Schools (MPS) contracts with the chartered schools with an understanding that they will be managed by teacher cooperatives. Therefore, the Milwaukee TPPs do not earn reven