How Do Charter Schools Manage if They are Underfunded?
Necessity, as the mother of invention, is inspiring innovation in this area. Facilities and Other Start-Up and Capital Costs: Many charter schools improvise by converting spaces such as rented retail facilities, former churches, lofts and warehouses, into classroom, cafeteria, assembly and gym space, supplemented by the local YMCA, the public library and park, and the diner down the street. Once they are more established they are able to acquire loans and move to more suitable or permanent facilities. State legislation and loan agencies are beginning to tackle this problem by providing start-up funding and providing charter schools with the information needed to obtain favorable loans. The same is true of capital needs beyond bricks and mortar. School founders have managed on an ad hoc basis with the help of private funds or alternative credit routes, and especially the sweat equity of enthusiastic volunteers, parents and local professionals. The charter concept has become more recogni
Related Questions
- How did Rogers and Springdale manage to build new high schools with a millage rate lower than Fayetteville and without raising their millage rate to at least equal to Fayetteville?
- When there are such strong public schools in East Brunswick, why do we need a charter school which offers the International Baccalaureate (IB) Program?
- How Do Charter Schools Manage if They are Underfunded?
