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[quote=Anonymous][quote=Anonymous]Capital Village financial problems continue. I'm really astonished that they didn't shut it down. They didn't reduce staff as agreed upon in their FCAP! So they now have a Citation of Fiscal Concern. It's basically another step on the road to revocation for non-viability.

Girls Global, which is up for review on June 2, was also discussed in the financial section.

The Hope relinquishment was stated but no discussion. Feels like everything was said in the prior meeting.[/quote]

What I don't get is that they approved Capital Village to continue at the last meeting in April but the financial target they missed and the actions they failed to do to improve finances were as of March. Was the PCSB able to examine progress toward the FCAP and whether the school was following the steps promised in time for the April review? Or did they only rely on the school's responses during the review hearing to make the decision to continue them?

When you listen to the PCSB staffer talking about the steps they took for truancy, she said they reviewed the data on four or 5 different dates in one month. It sounded like a really robust process. You'd think finances would be the same for a school on an FCAP especially since they were coming up for a significant hearing. The fact that they didn't reduce 140,000 in expenses and didn't have philanthropy to cover their inaction should have surfaced in the review. [/quote]

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