Monday, June 9, 2014

Follow the money, VLT Academy Cincinnati Ohio

Another example of poor governance by a board, sponser and school treasurer.

The superintendent of the VLT Academy, a charter school of 600 some students, was making $140,000 per year; her daughter was making $92,000 per year for data entry; and her husband was making $62,000 in addition to running his company that performs the charter's janitorial services, under a highest bid contract, for $323,000 per year. The family was receiving nearly $1,000 per student for central office duties and cleaning.

The board of this VLT Academy charter school recently voted to start closing procedures. The operator (family) is shopping for another sponsor. The current charter school sponsor is dropping authorization for VLT Academy.
Educational Resource Consultants of Ohio is/was the sponsor.
Larry Lash was the treasurer.
And, big surprise here, the schools results are terrible.

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