Gates brokers pact with L.A. Unified, charters
By John Fensterwald/Educated Guess
Los Angeles Unified and charter schools continue to fight in court over access to district buildings, but on Tuesday, they hit the reset button on other areas of their often contentious relationships. Los Angeles leaders joined counterparts in eight other cities in signing a compact, brokered by the Gates Foundation, to work together to share best practices and resources. The arrangement will bring immediate benefits to LAUSD’s 182 charter schools. Last week, the school board approved providing access, at no cost to the district, to low-interest loans that charters and districts increasingly are needing, because the state is pushing off school payments for months. Charters will be able to borrow money at 2 to 3 percent through the district’s sources what some had been paying at rates of 18-20 percent in the private market. LAUSD and the charter community also agreed to work together on raising revenue, such as through a parcel tax, and then sharing the money proportionally. For its part, the charters agreed to openly share admissions and retention information and to admit more special needs students and English learners. (more…)