Reply to Charter school funding gap in FY27 budget

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Okay, so DCPS modernizes according to the PACE prioritization, which is a law. It's not simply whatever DCPS decides. And the funding is appropriated. DCPS can't just decide to spend tons of money on renovations and say ha ha, we're sticking it to the charters. That's not how it works. 
 
The PACE ranking takes into account enrollment, but also future enrollment projections, current facility condition, and attempts to spread funding around among wards and feeder patterns. As well as considering how much funding each school has received for construction recently. Frankly I think this is a much better process than a blunt, short-sighted current-year per pupil formula. [/quote]

Exactly. DCPS has to take into consideration future enrollment and trends, and frankly it does so poorly. Taking the Coolidge example, the community argued at the time DCPS was being too conservative with estimates for both Coolidge and Wells and wouldn't you know it less than 10 years in and both schools are at or over capacity, with Coolidge being one of the fastest growing schools in the city and the feeder schools continuing to grow. The same thing is happening with the Whittier modernization.

Charters can leave their current address. They can find new space like nearby Mary McLeod Bethune did. Whittier cannot just find a new space or its over capacity school. And Whittier cannot cap its inbound students. Bethune can absolutely work within the confines of its space. This is just one comparison.

Comparing the building needs of the two different school types is asinine because they are so different.

And to the person who said charters are not businesses, they are. Like it or not they are businesses in education. BASIS is basically a franchisor for education. If you think that works and is good, fine, I'm not here to argue the value. But it has a just under [b]$200M annual revenue with over $8M in net[/b]. That's a very different model than a public school system.[/quote]

No, it doesn't. I think you know that. When you have to lie to make a point it kind of undermines your point, no? You've

BASIS DC had $16.2m in revenue in 24-25. They paid $1.3m to the for-profit (the one whose financials you are incorrectly and misleadingly citing) for curriculum, back office and HR support. That's probably less than DCPS schools pay to central on a per school basis. BASIS paid another @$6 million in staff costs (BASIS pays DCPS pay levels). BASIS operates with 100+ days of cash on hand. That's money in BASIS DC's accounts with permissible uses inly for BASIS DC.

The data you cited is garbage. Even if you wanted to cite to the for profit BASIS entity, you couldn't with any specificity because as a a privately held entity its financials aren't public.

What do people like you get out of making things up?[/quote]

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