As Florida has learned, charters open and charters close, and the state is left holding the bill. The AP and Miami Herald reports that the state of Florida lost some $70 million on charters that later closed.

 

One of them was the charter opened by Jeb Bush in Liberty City when he was planning to run for governor. It closed after eight years, having received $1.1 million in state funding.

 

 

 

The story is repeated across the state: Charter schools, which are public schools run by private groups, have received more than $760 million from state taxpayers since 2000 according to an Associated Press analysis of state Department of Education records. Schools can use the money for construction costs, rent payments, buses and even property insurance.

 

More capital money has gone to charter schools in Miami-Dade than any other county: about $179 million.

 

Yet charter schools in 30 districts have wound up closing after receiving as much as $70 million combined in such funding, the AP’s analysis showed. In all, more than $7.5 million went to almost 20 Miami-Dade charter schools that eventually shut their doors.

 

Taxpayers usually can’t recover the capital money invested in those schools because most of it has been spent on rent or leasing costs. The Department of Education reported it has taken back just $133,000 in the last three years from schools that closed.

 

“That’s definitely a concern as a taxpayer,” said Jaime Torrens, chief facilities officer for Miami-Dade schools. “If a school closes, whatever property was built with these public dollars, it doesn’t come back to the public. It remains with the owner of property.”

 

There have been cases where the district recuperated equipment left behind after a charter school closed. When the School for Integrated Academics and Technology abruptly closed its doors last year — after receiving $1.9 in state capital funding — Miami-Dade recovered computers, smart boards and furniture. When that happens, the district usually redistributes the equipment to other charter schools.

 

Charter schools open, charter schools close. And taxpayer money disappears.

 

 

 

 

 

Read more here: http://www.miamiherald.com/news/local/education/article49565370.html#storylink=cpy