The Bronx Charter School for Excellence needs to come up with an extra $ 500,000 a year to pay off its bond holders in New York and
since charter school management companies can skim off 10 % of a Connecticut charter school's revenue by way of a «management fee,» the Connecticut taxpayer money Malloy wants to hand over will certainly come in handy.
Not exact matches
The timing of this hand - out to another Achievement First Inc. employee is particularly noteworthy
since it takes place at the very moment that Governor Dannel «Dan» Malloy and Commissioner Pryor are circling the wagons in an attempt to deny any responsibility for the Jumoke Academy / FUSE
Charter School Management Company debacle of the past few weeks.
Malloy's Commissioner of Education, Stefan Pryor, co-founded Achievement First, Inc. and the larger
charter school management company has received a major increase in funding
since Pryor took over the State Department of Education.
Of course, ConnCAN's relationship with Achievement First, Inc. is especially noteworthy
since Achievement First, Inc. the large
charter school management company was co-founded by Stefan Pryor.