Fiscal Intelligence

Fiscal analysis that enables educators, small business owners, and community organizers to make informed decisions.

Category: Education

The Latino Effect on Economic Growth

“As consumers, Latinos wield more than $1.3 trillion in buying power, and the number of affluent Hispanic households is growing much faster than for the overall population: In 2015, there were approximately 370,000 US Latino households with incomes over $200,000, an increase of 187 percent since 2005.”

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AUDIT REPORT OF SUCCESS ACADEMY CHARTER SCHOOLS

” The Success Academy Board of Trustees failed to adequately monitor aspects of the finance affairs of SA and did not consistently follow the procedures for operation required by its bylaws”

Deasy’s Defeat by Larry Sand, City Journal 14 November 2014

Deasy's Defeat by Larry Sand, City Journal 14 November 2014.

Deasy undercut his successes with expensive, unforced errors. A wildly ambitious, $1.3 billion plan to put Apple iPads into the hands of every district student was a debacle. Last year’s rollout began amid confusion. Would the students be allowed to take the devices home? Who would be responsible for tablets that were lost or stolen? Many students breached their iPads’ security locks and used the devices for non-academic purposes. Deasy halted the program in August after e-mails revealed he had discussed a possible contract with Apple before the official bidding process began. The “MiSiS crisis” followed on the heels of the iPad scandal. The district launched an online school-information system that was nowhere near ready, resulting in thousands of students starting the school year without class schedules. The new system also couldn’t generate transcripts that seniors needed for college applications.

The Union That Devoured Education Reform by Daniel DiSalvo, City Journal Autumn 2014

The Union That Devoured Education Reform by Daniel DiSalvo, City Journal Autumn 2014.

Where Does the Education Dollar Go?

The Little School that Could by Charles Upton Sahm, City Journal 12 September 2014

The Little School that Could by Charles Upton Sahm, City Journal 12 September 2014.

Slimming the College-Tuition Beast by Judah Bellin, City Journal Summer 2014

Slimming the College-Tuition Beast by Judah Bellin, City Journal Summer 2014.

Academies Financial Handbook_2014 (UK)

Closure of Charter Schools

Primary Reasons Why Charter Schools Are Closing in Washington, D.C.

  School Chartering Authority at
Opening
Chartering Authority at Closing Year
Opened
Year
Closed
Revocation or
Relinquished
Reason
1 High Road School and Alternative Learning Center PCS BOE BOE Never
Opened
1996    
2 Marcus Garvey BOE BOE 1996 1998 Revoked Management deficiencies
3 Young Technocrats BOE BOE 1998 1999 Revoked Financial and management deficiencies
4 New Vistas BOE BOE 1999 1999 Revoked Financial and management deficiencies
5 Richard Milburn BOE BOE 1998 2002 Revoked Financial and management deficiencies
6 Techworld BOE BOE 1998 2002 Revoked Financial and management deficiencies
7 Mechanical Industrial Technical PCS BOE BOE Never
Opened
2003    
8 Auto Arts Academy
PCS
PCSB PCSB Never
Opened
2003 Never Opened  
9 Arts Explorer PCS BOE BOE Never
Opened
2004    
10 Village Learning
Center
BOE BOE 1998 2004 Revoked Financial and management deficiencies
11 World BOE BOE 1998 2002 Revoked Financial and management deficiencies
12 Academy for Renewal in Education (ARE) PCSB PCSB 1998 2003 Relinquished Voluntarily relinquished, due to issues surrounding effectiveness of special education program
13 Jos-Arz BOE BOE 2000 2006 Relinquished Voluntarily surrendered their charter after their five year review resulted in a 180 day probationary period
14 Colin L. Powell PCS
– First Petition
PCSB PCSB Never
Opened
2007    
15 SouthEast Academy PCSB PCSB 1999 2005 Revoked Failed to meet academic and governance standards upon its five year review
16 New School for Enterprise and Development PCSB PCSB 2000 2006 Revoked Failed to meet academic and governance standards upon its five year review
17 Sasha Bruce PCSB PCSB 2000 2006 Revoked Financial and management deficiencies
18 Phillips Academy
PCS
PCSB PCSB Never
Opened
2007    
19 Hope Academy PCSB PCSB 2007 2007 Relinquished Low enrollment and subsequent financial deficiencies
20 Washington
Academy
BOE PCSB 2005 2008 Relinquished Financial and management deficiencies
21 Tri Community PCSB PCSB 2001 2007 Relinquished Voluntarily relinquished charter after PCSB initiated revocation process, due to academic and governance deficiencies
22 Colin L. Powell PCS
– Second Petition
PCSB PCSB Never
Opened
2008    
23 City Lights BOE PCSB 2005 2009 Relinquished Financial and management deficiencies
24 Meld Evenstart
(MEI)
PCSB PCSB 2007 2009 Revoked Academic, governance and financial reasons
25 Barbara Jordan BOE PCSB 2002 2009 Relinquished Low enrollment leading to financial insolvency
26 Academia Bilingue de la Communidad (ABC) PCSB PCSB 2005 2009 Relinquished Low enrollment leading to financial insolvency
27 City Collegiate PCSB PCSB 2006 2010 Relinquished Low enrollment
28 Young America
Works
BOE PCSB 2004 2010 Revoked Financial, academic and management deficiencies
29 KAMIT PCS BOE PCSB 2000 2010 Revoked Academic reasons
30 ALTA PCS PCSB PCSB 2005 2010 Relinquished Voluntarily relinquished charter
31 Children’s Studio
PCS
BOE PCSB 1996 2010 Relinquished Voluntarily relinquished charter
32 Thea Bowman Preparatory Academy PCS PCSB PCSB 2008 Summer
2011
Relinquished Low enrollment
33 Nia Community
Public Charter
PCSB PCSB 2006 Summer
2011
Revoked Academic reasons
34 The School for Arts in Learning (SAIL) PCSB PCSB 1998 Summer
2011
Relinquished Financial reasons
35 IDEAL PCS – High School PCSB PCSB 1999 2011 Closed high school program Academic reasons
36 William E. DOAR PCS – high school program only PCSB PCSB 2004 2011 Closed high school program Academic reasons
37 Community Academy PCS – Rand campus BOE PCSB 2004 2012 Closed the
Rand campus
Academic reasons
38 Septima Clark PCSB PCSB 2006 Summer
2013
Relinquished Academic reasons – Merged with
Achievement Prep
39 Howard Road Academy PCS – Pennsylvania Avenue PCSB PCSB 2000 2013 Closing MLK and Penn. Ave Campuses. LEA Eliminating grades 1-8 Academic reasons
40 Howard Road Academy PCS – Martin Luther King Jr. Avenue Middle School PCSB PCSB 2000 2013 Closing MLK and Penn. Ave Campuses. LEA Eliminating grades 1-8 Academic reasons
41 Community Academy – middle school BOE PCSB 2004 2013 Closing the middle school Academic reasons
42 IDEA – middle school BOE PCSB 1998 2013 Closing the middle school Academic reasons
43 Imagine Southeast PCS PCSB PCSB 2008 2014 Relinquished Academic reasons — Democracy Prep to operate
44 Maya Middle PCS – Middle School PCSB PCSB 2008 2014 Closing the middle school  
45 Arts and Technology PCS PCSB PCSB 1999 2014 Revoked Academic reasons – KIPP DC to operate
46 Booker T Washington PCS BOE PCSB 1999 2014 Revoked Academic reasons
47 Community Academy PCS – Amos III BOE PCSB 1998 2014 Closing the middle school Academic reasons
48 Perry Street Preparatory – PCS (Upper School) PCSB PCSB 1998 2015 Closing the high school Academic reasons
49 Hospitality High PCS PCSB PCSB 1999 2015 Relinquished Academic reasons – DCPS to operate