» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 129 | NO. 64 | Wednesday, April 2, 2014

Bill OKs For-Profit Entities to Manage Charter Schools

AP

Print | Front Page | Email this story | Comments ()

NASHVILLE (AP) – A proposal that would allow a charter school to be operated by a for-profit entity narrowly advanced out of the House Education Committee.

The measure sponsored by Democratic Rep. John DeBerry of Memphis was approved 8-7 on Tuesday.

Sponsors of the legislation say it's necessary to help charter schools that may need help with management. Currently, Tennessee has 69 charter schools, which are publicly financed but operated independently.

However, opponents of the proposal believe some operators may take advantage of the funds. For instance, some for-profit companies purchase land and build brand new charter schools. Republican Rep. Ron Loller of Bartlett said the entity may turn around and sell the building and profit from the public funds used to build it.

The companion bill is awaiting a vote in the Senate Education Committee.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 128 17,998
MORTGAGES 155 155 20,990
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 149 149 36,765
BANKRUPTCIES 60 60 11,985
BUSINESS LICENSES 19 19 5,696
UTILITY CONNECTIONS 49 49 12,297
MARRIAGE LICENSES 40 40 4,518

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.