SPS says: "Charters use public funds, yet get no oversight or are regulated like public schools. (New Heights, which has about 760 students in grades 5 through 12, budgeted $888,000 in federal grants and $11.7 million in state grants last year, according to its annual report.) Not only are more and more stories like this coming out across the nation, but no one tracks the number of students who are 'counseled out' because they are 'failing' or require special ed. Instead these students return to the public schools. And, as a result, a charter's reading and math scores look good to investors. This is why charters are exempt from VAM evaluations."
Fired exec: Charter-school chief fudged books
The founder of one of the city’s largest charters schools falsified financial records and okayed illegal construction work while serving as its principal, according to a whistleblower suit filed by a