DC to Charter Schools: Check's In The Mail
D.C.'s public charter schools, stiffed by District government on a payment due last week, will be made whole by the middle of next week at the latest, the D.C. Public Charter School Board said this afternoon.
The District missed a $103 million quarterly payment to the sixty charters last week because dwindling revenue projections have delayed submission of a balanced 2010 budget to Congress. The 60 schools, which serve about 25,000 students, received between 50 and 75 percent of the amount from contingency funds last Friday.
Jeremy Williams, the board's business oversight manager, told charter operators in an e-mail today that the balance will be issued this coming Friday. "Please allow a few days for the funds to register in the schools account. Notify me if the funds haven't been received by July 29, 2009," Williams wrote.
July 22, 2009; 3:53 PM ET
Categories: Bill Turque , Education
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