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DC Public and Public Charter Schools
Reply to "Does anyone know the status of the Proposed BASIS Expansion"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]https://www.azcentral.com/story/news/local/arizona-education/2018/05/11/basis-arizona-charter-school-tax-public-money-funding-expand-texas-dc/401516002/[/quote] Basis, which last year received about $84 million in state money to operate its Arizona schools, secured loans for its out-of-state schools by pledging as collateral future tax dollars and its Arizona campuses. Basis disclosed it was using its Arizona properties and future state funding as collateral for the out-of-state schools in documents filed with the Municipal Securities Rulemaking Board, which regulates the municipal bond market. Ugh! Well they've certainly spent enough on their unsuccessful quest to expand in DC. Where did that money come from?[/quote] Nothing to do with BASIS DC.[/quote]
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