Finance Gap: Charter Schools and Their Facilities
Date Published: 01/01/2004
Author: New York University Institute for Education and Social Policy; LISC; Bill and Melinda Gates Foundation
Publisher: LISC
The study examines the experiences of charter schools in fourteen states and the District of Columbia, where 75 percent of the nation’s charter schools are located due to a high need for public school facilities caused by student growth and/or facilities repair needs. Over 100 interviews conducted over a 9-month period with representatives from the charter school, education, real estate, and finance communities illustrate the decade long experience of charter schools with innovative financing mechanisms, private sector involvement in facilities financing, and the use of instructional revenue for the repayment of debt. The authors offer recommendations for public and private sector participants.
Topics: Education, Children & Youth, --Educational Facilities
Type: Research paper