- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Are Charter schools the new grift? CEO burns a third of school funds on personal use
Posted on 2/10/25 at 3:18 pm to Townedrunkard
Posted on 2/10/25 at 3:18 pm to Townedrunkard
most charter schools are a grift
2
Posted on 2/10/25 at 3:46 pm to Thracken13
Are there any honest people left on this planet? Do Charter schools get public funding? If so, lock the bitch up, confiscate everything she owns as restitution, rinse, repeat with the next one.
Posted on 2/10/25 at 3:50 pm to Townedrunkard
This is the stuff that fascinates me as an accountant. I'm 30 pages into the LLA report. Yeah, she's going to jail.
Posted on 2/10/25 at 3:52 pm to Townedrunkard
They’ve almost always been a grift. It’s a way to launder money earmarked for public schools.
That said, there are a handful that have been successful and I don’t have an issue with those. Funnily enough our district is open to hosting a charter but no one has applied because they would have to follow the same accountability laws as public schools and they would need to come up with their own funding.
That said, there are a handful that have been successful and I don’t have an issue with those. Funnily enough our district is open to hosting a charter but no one has applied because they would have to follow the same accountability laws as public schools and they would need to come up with their own funding.
Posted on 2/10/25 at 3:53 pm to Thracken13
quote:
most charter schools are a grift
Every public school is a grift. Billions in payroll spent every month on public schools for the dumbest children in the developed world.
Repeal all compulsory education laws.
Posted on 2/10/25 at 3:53 pm to Townedrunkard
quote:
Are Charter schools the new grift?
They're a pretty old grift now. Still a grift.
Posted on 2/10/25 at 3:59 pm to BluegrassBelle
quote:
public schools.
If you think traditional public schools use 100% of tax payer dollars properly, ethically and honestly... sadly you would be mistaken.
Accountability is a problem with ALL public schools - including charter schools. In this instance, Impact Charter's board should also be held accountable. It is laughable what this woman has been allowed to do under a board who should be getting financial reports monthly.
quote:
Funnily enough our district is open to hosting a charter but no one has applied because they would have to follow the same accountability laws as public schools and they would need to come up with their own funding.
Charter schools already have the same accountability. They also don't need to come up with their own funds... it is a formula set by the state and is the same funding a traditional public school gets.
Posted on 2/10/25 at 3:59 pm to Townedrunkard
quote:
Are Charter schools the new grift?
They're certainly not a new grift...
Posted on 2/10/25 at 4:00 pm to Townedrunkard
A handful of charter schools an improvement on public schools but the vast majority are just sucking away tax payer money. Studies show charter schools provide a worse educational outcome than public schools.
Posted on 2/10/25 at 5:06 pm to PrettyBird
quote:
If you think traditional public schools use 100% of tax payer dollars properly, ethically and honestly... sadly you would be mistaken.
Accountability is a problem with ALL public schools - including charter schools. In this instance, Impact Charter's board should also be held accountable. It is laughable what this woman has been allowed to do under a board who should be getting financial reports monthly.
I didn’t say they do. But the answer shouldn’t be less accountability (which does often happen in states where charters are implemented).
quote:
Charter schools already have the same accountability. They also don't need to come up with their own funds... it is a formula set by the state and is the same funding a traditional public school gets.
That’s not necessarily true depending on the state and district you reside. Some states are stricter. Here in Kentucky, the district determines the guidelines and in Jefferson you don’t have access to state funding.
Posted on 2/10/25 at 5:11 pm to Townedrunkard
God dammit Chakesha!
This post was edited on 2/10/25 at 5:12 pm
Posted on 2/10/25 at 5:21 pm to BluegrassBelle
I looked at one in one state and it was a grifters dream. The state or local municipality (can’t remember which) would pay all the rent taxes everything for the school building. Owners get a LLC that they own, put the property in the LLC, amortize the property over 5-8 years and the municipality pays the loan. At the end of the loan, they keep paying the LLC and the LLC owns the property. The owner gets free property and annual income for nothing plus they get their pay as head of the school.
Nice work if you can get it.
Nice work if you can get it.
This post was edited on 2/10/25 at 5:22 pm
Posted on 2/10/25 at 6:26 pm to Townedrunkard
CEO and husband will alternate their time in federal prison. Wife will get years. If she’s not a total count, she will fall on sword.
Posted on 2/11/25 at 4:27 pm to JohnnyQuidds
Wonder how much she’s spent at The Supper Club.
Bet it’s a lot
Bet it’s a lot
Posted on 2/11/25 at 4:37 pm to RunninReb
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News