Reply to Startling Creative Minds Vacancies

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Based on the amoutn of debt CMI has,  I dpnt understand how they pay it off. Yes, they recieve tas dollars for students but is that nearly enough to cover the debt servce and salaries and growth of the middle school. I alraedy know their teachers arent paid nearly enough.  I honestly don't understand why there isnt more oversight from the charter board on spending at schools. I know they are "independent" but clearly they need a better CFO![/quote]

There is oversight. That is literally what these reports are - the result of oversight activities. There are limits to how much debt is allowed and monitoring of cash flow and contracts.

CMIs Board now needs to act, or not. Same for their academic performance.

When is the CMI charter up for review/renewal?[/quote]

It's only meaningful oversight if the board or DCPCSB actually does something.  Just reporting that there's a deficit is not enough.[/quote]

What they can do is defined by the charter law and very limited. They can issue "notices of concern" and require additional reports, and of course they can decline to renew the charter when it is next up for review. They can literally only revoke a charter when a school runs out of money (like Washington Math Science recently) or after failing to achieve academic targets. [/quote]

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