Lax financial reporting hinders assessment of California charter schools

From The Los Angeles Times: Lax financial reporting makes it difficult to assess the fiscal health of California charter schools, although the limited information available suggests that many are making efficient use of their public funds, according to a study by researchers at the University of Southern California in Los Angeles. Researchers cite lapses in financial reporting, but say it appears that many charters are using public funds wisely, and that academic scores are fairly similar to those of public schools.

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