As one senator used to say, pretty soon you are talking about real money. With a little foresight and the right business plan you can become a millionaire. That was pretty hard in the public schools with taxpayer elected school boards.
From William Phillis:
Ohio charter industry: $7.4
billion and counting
The second system of education,
which feeds off the public common school system, started as a
"harmless" $11 million experiment. This new system has parasitically
extracted a total of $7.4 from the Ohio public common school system in 15 years
as follows:
|
Deduction
|
Fiscal
Year
|
|
$
10,985,021.93
|
1999
|
|
$
51,658,903.14
|
2000
|
|
$
91,199,488.07
|
2001
|
|
$
127,943,077.03
|
2002
|
|
$
203,733,491.59
|
2003
|
|
$
301,139,479.91
|
2004
|
|
$
421,736,138.00
|
2005
|
|
$
481,559,416.48
|
2006
|
|
$
530,582,458.73
|
2007
|
|
$
584,929,196.33
|
2008
|
|
$
646,504,550.76
|
2009
|
|
$
679,872,827.10
|
2010
|
|
$
721,951,119.83
|
2011
|
|
$
774,404,507.49
|
2012
|
|
$
824,032,968.42
|
2013
|
|
$
900,500,252.70
|
2014
|
|
$
7,352,732,897.51
|
Total
|
Between 40 and 50 percent of the
$7.4 billion is local tax money passed by local communities for the support of
their local school districts. State officials attempt to argue that no local
funds are involved in charter school operations. The fact is that charter
school funds are taken from school district budgets via state deductions. On
the average, nearly twice as much per pupil funding is deducted from school
districts for charter schools as the districts receive in per pupil state
funds. The difference does not magically appear.
Ohio E & A
