Charter School Capital
Groundbreaking at Cambridge Prep Academy. Photo by Kayne Crison

Charter School Capital recently attended the groundbreaking ceremony events for Cambridge Prep Academy’s new facility in Arizona. See the article that appeared in the local paper. Read article.
“It’s an exciting time for this school,” explained Jon Dahlberg, VP of Business Development at Charter School Capital. “They currently have 250 students heading toward 1,200 next school year. This new school facility will be a major piece of community development. In the future, the school’s facility will double as a community center and offer other resources for community partnership.”
 
Our team congratulates Cambridge Prep Academy on their growth and for their support of education in their community. Let us know how Charter School Capital facilities financing options can help your school!

EdSource LogoEdSource reported in an article earlier this week that the California Charter Schools Association (CCSA) is continuing it’s efforts to recommend closure of under-performing charter schools across the state with it’s criticism of the San Jose school district for approving two new campuses for a local charter school.
Branche Jones, a legislative advocate who works with numerous California charter schools, explained that CCSA is using a metric based on an accountability system that no longer exists. Last year the California legislature suspended the API system because it was deemed outdated and does not conform with the Common Core standards. Currently, the SBE is developing a new set of assessments and accountability system.
“The standards CCSA is following is not the current statute, so when charters are up for renewal they are not trying to meet CCSA’s metrics, they are conforming with the state statute,” said Jones. “As a statewide advocacy organization, CCSA should be helping their members improve their academic achievement.”
According to Jones, CCSA tried to implement their own accountability system through legislation several years ago and were unsuccessful. The EdSource article highlights pushback from both charter schools, school districts and superintendents against CCSA’s efforts.
EdSource Article: Charter Schools Association Continues Push To Weed Out Low-Scoring Schools, by John Fensterwald
“Upping its campaign to root out what it views as its lowest performing schools, the California Charter Schools Association last week criticized a San Jose school district for allowing a charter school to open two more campuses next year…” Read More.

CA Charter School ConferenceCharter School Capital is getting ready to head to San Jose for the 21st Annual California Charter Schools Conference. This year, we’re proud to support the conference as the Platinum Sponsor, one of the lead sponsors of the conference.
This year’s focus on innovation couldn’t be more appropriate, especially with continued growth in charter schools across the country – 13 percent according to the National Alliance for Public Charter Schoolsrecent report. There are now approximately 6,400 public charter schools with more than 2.5 million students across the country, with California charter schools at the forefront of this growth and innovation.
Our team will be heading to San Jose the first week in March and we hope to see you at the conference. Stop by and say “hi” at Booth #625 and ask us how we can help fund your charter school.
One of our team members will be happy to meet with you or feel free to schedule a meeting in advance of the conference with us. We’ll also be providing additional information related to the conference, so check back in the coming days and weeks leading up to the conference the first week in March. Or, simply subscribe to our blog.
We look forward to seeing you at the conference!