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Arizona charter schools show financial warning signs
PHOENIX (AP) — More than 100 Arizona charter schools showed financial warning signs last year with dozens at possible risk of closing, according to a newspaper's analysis of charter school finances across the state. Operators representing 138 of the state's 538 charter schools failed three of four measures reported in financial performance dashboards for the 2016-17 school year, The Arizona Republic reported . Charter holders of 62 schools failed all four measures. The charter holders of 41 schools were flagged by their auditors over concerns that closure was possible within a year.