Charter Schools’ Financial Health Improving

Norman Draper, Audit: Praise for Charter Schools’ Finances but Pause on Academics, Star Tribune, June 30, 2008.
Although charter schools performance is not always as high in achievement as the public district schools, yet they are often teaching low-income students, some with limited English abilities. In 2007 Minnesota charters school reported having 52 minority students and 53 percent low-income students, compared to 22 percent and 30 percent in the regular district schools. The financial health of charter schools has improved in the last few years. In 2002 one-third of Minnesota’s charter schools were in financial trouble, since then there has been a big improvement, now 86 percent of charters are doing well and only a little over 13 percent are facing financial troubles.

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