ERIC Number: ED436942
Record Type: Non-Journal
Publication Date: 1999-Jul
Reference Count: N/A
Out of the Box: Facilities Financing Ideas for Charter Schools.
This guidebook provides charter schools with ideas when seeking financing, and touches on the issues they often face regarding appropriate site, managing the construction and renovation process, and facility operation that is safe and economical. Ideas presented are based on experiences of real charter schools. The document is organized around four major means by which charter schools can meet the facility's financing challenge. The first section addresses financing preparation and provides tools that can help facilities in crafting business, accountability, and facility-development plans. The second section addresses creative ways to accumulate the amount charter schools need to finance. The third section explains how aggressive shopping, exploring low-cost forms of financing, looking for ways to make their deals less risky, and pursuing other strategies can help these schools reduce the interest rates they pay for financing. The fourth section explains how charter schools can improve public policies regarding these facilities, obtain per-pupil revenue for charter schools, and bring about other helpful changes. Appendices provide sources for additional information. (GR)
Descriptors: Charter Schools, Educational Facilities Improvement, Educational Finance, Guidelines, Money Management, Public Schools, School Community Relationship, School Construction, School Funds
Charter Friends National Network, 1745 University Ave., #110, St. Paul, MN 55104. Tel: 651-649-5479; Fax: 651-649-5472. For full text:
; E-mail: firstname.lastname@example.org
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: Charter Friends National Network, St. Paul, MN.