Caroline Bass sinks behind a mountain of markers and student artwork and watches as her charter school is disassembled Thursday...
The Las Vegas Charter School of the Deaf, in the northwest valley, went bankrupt this summer after just three school years, said Bass, who's on the board of the school that took 10 years of planning to open. Even worse, board members are now $90,000 in debt because of the school's costs, which government funding didn't come close to covering...
Of the nine Nevada charter schools that have closed since 2000, none were for poor student performance, but for financial problems or bad record keeping...
The state provides about $5,000 per student to charter schools. For the deaf school, that amounted to about $55,000 a year at its peak, which wasn't even enough to pay its two teachers, an aide and a director...
The $5,000-per-student funding rate is the same at normal public schools, but charter schools have to start from scratch, finding a building, books and equipment.
"Your money is eaten up immediately," Bass said.
That's especially true at a school as small as the deaf school, where state funding doesn't cover operational costs, said Dan Tafoya, coordinator of the Clark County School District's Office of Charter Schools.
"You need a large number of students to stay operational," said Tafoya, noting that the district's smallest charter school is the Delta Academy, which has 225 students. Odyssey Charter School has about 1,500 students. "You really have to watch your P's and Q's."...
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Las Vegas Charter School of the Deaf
“Charter school for deaf signs off in bankruptcy.” Las Vegas Review-Journal (NV), 3/5/2012