About 40 percent of schools in the NewSchools portfolio incur cumulative deficits through their first three years of operation. (educationnext.org)
The legislative restriction on annual changes in premium rates has led to the current large cumulative deficits and once these are unraveled (by 2015), they will lead to large cumulative surpluses. (3dpolicy.ca)
Putting school - level and central - office economics together, CMOs in NewSchools» portfolio have run cumulative deficits through the 2010 school year of more than $ 250 million, which amounts to about $ 3,150 per student at full enrollment for the schools that are currently up and running. (educationnext.org)