History of IDEA
Jeannie Oakes, Founder and Former Director
Youth Voice in School Finance
NEW REPORT: Los Angeles' road to A-G for all
Without Dollars and Sense Powerpoint
Past Educational Opportunity Reports
L.A. school board approves wide-ranging pact with charters
- 12-01-2010
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Blog by Howard Blume/Los Angeles Times
Financially struggling charter schools have secured a commitment for low-interest loans as part of a wide-ranging pact with the Los Angeles school system. The agreement, approved Tuesday by the Board of Education, also sets up a fledgling though uneasy political alliance to raise new funds. Under it, charter schools and the Los Angeles Unified School District would campaign together to raise tax revenue--and then share the proceeds. Charter schools are independently managed, free from many restrictions that govern traditional schools. About 10% of L.A. Unified students attend charters. The agreement on low-interest loans would be groundbreaking in California, said Jed Wallace, head of the California Charter Schools Assn. The loans “are not going to cost the district anything, but yet it could help save the charter schools of Los Angeles.” (more…)
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