A Dallas charter school that abruptly closed last week had been inflating its attendance as early as 2002 to get extra state money. Phony attendance reports from the 2003-04 and the 2004-05 school years resulted in a $750,000 debt to the Texas Education Agency, an amount that pushed the Lynacre Academy charter school into bankruptcy.
Click here to read The Dallas Morning News article.
EARLIER: More than 70 students are without a school after a beleaguered charter academy in southwest Dallas abruptly shut its doors with about $700,000 in debt. Lynacre Academy, which served mainly at-risk seventh- through 12th-graders, amassed its debt by overstating attendance figures the state used to calculate payments to the school.
Click here to read The Dallas Morning News article.
