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DC Public and Public Charter Schools
Reply to "Harmony requests to relocate to Hope Tolson building"
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[quote=Anonymous]https://drive.google.com/drive/folders/1K3F2PBUTn0VrVoz_PN1PEisfgWFwYozs Harmony board meeting minutes here. There's a lot of financial information. It seems like their cash position currently is strong relative to current operating costs, but I'm really unclear on how a less than 200-kid school, with an enrollment cap of 450, can afford a building with a capacity of 947 kids. Maybe they're planning to add grade levels, but even so, going up to 8th would only be three more classrooms so like 60 kids, and that would require a charter amendment which is not guaranteed for a school with shaky performance. Expanding to solve financial problems is a classic move, but not always a successful one. The parent organization basically had to bail this location out with an influx of cash in the last review cycle. I wonder if that's what's enabling this to happen. They expect to receive an Aspire score of 3, which is not very good.[/quote]
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