http://www.examiner.com/a-1333452~Charter_schools_miss_deadline_to_repay_city.html
Four of the nine D.C. public charter schools that have borrowed a total of $13 million from the city's State Superintendent's Office have yet to pay back the loans as required. The outstanding loans total more than $5 million. John Stokes of the State Superintendent’s Office said he could not immediately name the schools that have been tardy in repayment, but said his agency is on track to fix the situation. "The OSSE is working with the CFO to ensure that we are provided with regular financial reports that will allow us to provide robust tracking of payments made on the loans we provide," he said in an e-mail.
Source: DC Examiner
Date: 04/11/2008
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