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DC Public and Public Charter Schools
Reply to "Charter school funding gap in FY27 budget"
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[quote=Anonymous][quote=Anonymous]Why not look at the 2024 supplement to the MFP, Appendix 1 tab F. It shows that some schools have not been modernized in far more than 17 years. Barnard, for example, is getting an addition but its last real modernization was in 2003. Brightwood and Cleveland in 2004. Kelly Miller 2004. Malcolm X waited 19 years. Miner had a 21-year gap between renovations. So did Noyes. Oyster-Adams 23 years. So why choose 17 years as your divisor?[/quote] This is an interesting point and one with which I think the charter community has not yet come to terms. Charters are coming up on the 15-20 year mark. Many of the schools are now facing increased maintenance and capital expenses. Construction and maintenance costs are WAY up, as are interest rates. Cost to borrow is through the roof. [/quote]
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