While Tennessee Governor Bill Lee is eagerly expanding the charter school sector, a state panel decided to close a Memphis charter school because of its leaders “misappropriating” nearly $800,000.

MEMPHIS, Tenn. — Charter revoked. Today a state panel agreed with the Memphis Shelby County School board to pull the plug on a local charter school.

The Memphis Academy of Health Sciences (MAHS) appealed a January 12th decision by the board to revoke the charter and close the school. Today, the appeal was denied, MSCS’ ruling was upheld by the Tennessee Public Charter School Commission.

The decision follows allegations of former school administrators misspending school money, accused of misappropriating nearly $800,000 in funding.

“At least six years of mismanagement, and it’s hard to un-ring that bell,” said a member of the state charter school board.

The parents and students were disappointed but the missing money mattered.