Claycomb Associates, Architects

Arizona charter schools show financial warning signs

posted on May 10 - 08:41 AM
By Joe - TexasISD.com
 

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.