Ouch! Can you believe that districts must give up $96.3 million in funding for school facilities next year. This is the amount they now must send to charter schools because of HB 7069. Not exactly chump change. It is over a seven percent cut in funding that goes to privately owned charter school buildings. Their real estate companies will cheer. The Auditor General should watch how the money is spent.
Miami Dade alone loses $23.2 million. The Miami Herald requested the data from the Florida House. Read the article to see the impact on other counties. In districts with aging schools, this is very wrong headed. Florida’s legislature is allowing uncontrolled growth in charters. It is spreading resources much to thin without any substantive increase in quality.