Comments on Advance Indiana™: Public Educators Upset That Indiana Legislature Forgave $91.2 Million In Loans To Charter Schools

Charter Schools do have an option other than ...

2013-09-02T21:20:32.228-05:00

Charter Schools do have an option other than renting a building; the state allows Charter Schools to rent school buildings that are not being utilized for $1 / year.

http://www.in.gov/legislative/bills/2013/HE/HE1012.1.html

Charter schools unlike traditional public schools ...

2013-09-01T17:39:50.906-05:00

Charter schools unlike traditional public schools do not receive any property tax revenue for facilities. They only receive the state per pupil amount. As a result many charters have to borrow money when they first open to buy or rent a building.

Conceptually, charter schools sound like a good id...

2013-09-01T14:18:39.705-05:00

Conceptually, charter schools sound like a good idea. In Indiana, they have become nothing more than a way for a few political insiders to swindle money from the taxpayers. So we have less money being pumped into the ruling political class from teachers unions as a trade off for new business opportunities for a select few and a new source of political contributions for the ruling elite.

Note that Mr. Teasley was paying himself over $200...

2013-09-01T14:06:52.466-05:00

Note that Mr. Teasley was paying himself over $200,000 per year in salary, and retirement benefits in his job as the head of GEO foundation. Ms. Johnson, GEO's VP also pulls down over $140,000 per year. Over the last few years, GEO was "managing" four of 5 schools whose total enrolment was between 1000 and 1500 students. Pretty good money made on the backs of hiring young, inexperienced teachers for less than $25,000 per year.

This can be verified by looking at several years worth of form 990 reporting on http://www.eri-nonprofit-salaries.com.