The Finance Gap: Charter Schools and their Facilities The Finance Gap: Charter Schools and their Facilities was written in 2003 as a prelude to the 2005 Charter School Facility Finance Landscape. A nine-month effort, this study describes the growing range of private involvement in the acquisition, construction and renovation of public school facilities and identifies new mechanisms through which both the public and private sectors are becoming involved in facilities financing. This report focuses largely on charter schools, which generally do not have access to the public capital funding streams available to traditional public schools. As a result, they rely heavily on nonprofit and for-profit institutions to obtain facilities financing and funding. In an era of limited public funds for facilities and increased pressure on public schools to produce high achievement, the lessons learned through the charter school experience with nontraditional financing may provide solutions and warnings for all public schools.
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