Two North Carolina leaders say it’s time for better oversight after a string of charter schools shut down amid accusations of mismanaged money.
The former North Carolina Republican Party chairman who now heads the State Board of Education and the top Democrat in the state House want tighter controls over taxpayer money going to charter schools in trouble.
State school board chairman Bill Cobey and House Minority Leader Rep. Larry Hall are reacting to a report last week by state auditors that found a collection of questionable financial choices preceded the sudden shutdown of Kinston Charter Academy in September 2013. Three Charlotte charters have closed since April before finishing their first year.
Ten of the state’s nearly 150 charter schools are on a financial watch list kept by state monitors.
Emery Dalesio can be reached at http://twitter.com/emerydalesio
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