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Did You Know?
Twelve studies find that overall gains in charter schools are larger than other public schools; four find charter schools’ gains higher in certain significant categories of schools; six find comparable gains; and, four find that charter schools’ overall gains lagged behind traditional schools.

Source: Charter School Achievement: What We Know, July 2005 Update

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How to Finance a Charter School Purchase and Construction: A Case Study

Download: word icon http://www.conferencepros.com/conferences/charter/2004/media/Building_Financing1.doc
This five-page case study of a Minneapolis charter school, El Colegio Charter School, examines the complex processes for initial financing and refinancing of a charter school building. The founders of this school believed it was important to build equity in the community by owning rather than renting a building. Initial financing through lease revenue bonds, while costly and unsustainable, gave them the opportunity to open their doors and begin to meet their missions. The refinancing process through more traditional means was achieved at minimal costs and great long term savings and gave added capacity both in the short and long-term to meet their missions and goals.

Date: 2004
Source: El Colegio Charter School

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