September 2016 - Grow Schools

Facing key challenges in operating your charter school? Want to hear what other charter leaders are doing to aid in their school operations? Join us to discuss growth strategies for charter schools on Tuesday, October 4th at 9:30 a.m. PST/12:30 p.m. EST.
Our session will focus on the three core areas of growth – start-up, expansion and maturity – and what the key challenges and best practices are at each stage of growth. Learn how to work through operational issues, expanding teachers and staff, upgrading programs and technology, facilities options, and funding for charter schools.

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Featured Speakers:
Kendell Walton, Founder & President of Walton Business Management Solutions
Kendell Walton has a decade of experience helping companies with financial management in both the private and non-profit sectors. Kendell became involved in the charter school movement in 2010, and has worked with charter schools across multiple states, providing financial advice, budgeting supervision, and overseeing operational and facilities acquisition efforts.
Stuart Ellis, President & CEO, Charter School Capital
Stuart is the President and CEO of Charter School Capital, the nation’s leading provider of growth capital and facilities financing to charter schools nationwide. The company has provided in excess of $1.2 billion in support of 500+ charter schools educating more than 550,000 students across the country.

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What you will learn:

Best practices for growth and replication
Funding options specific to your growth stage
Lessons learned from charter school leaders

The California legislature ended for the year and California charter school supporters witnessed mixed reports. The legislature sent two anti-charter school bills to Governor Jerry Brown for his signature or veto. They also killed two anti-charter school bills. The Governor will now have until the end of September to sign or veto the measures.
Bills sent to the Governor:
AB 709 by Assemblyman Mike Gipson would impose the Brown Act, Public Records Act, the Political Reform Act, and Government Code 1090 on California charter schools. The bill is sponsored by the California Teacher’s Association and opposed by nearly everyone in the education reform community. It passed the legislature on a party line vote and is on the Governor’s desk awaiting his signature or veto. The Governor has vetoed similar legislation several times during the last six years.
SB 739 by Senator Fran Pavley would prohibit a school district in negative certification from authorizing a California charter school outside of its boundaries. This bill is the result of a disagreement over the authorization of charter schools between districts in and near the Santa Clarita Valley. Charter school supporters oppose SB 739 because of its precedent-setting language. Like AB 709, it is on the Governor’s desk. He has vetoed similar legislation in the past.
Bills that died in the legislature:
AB 1084 by Assemblywoman Susan Bonilla would have prevented a California charter school from being operated by or as a for-profit corporation. This bill split the charter school community, with many charter school entities joining the California School Employees Association in opposing the bill and the California Charter Schools Association supporting it. The bill’s opponents were able to kill the bill on the Senate floor, arguing that passage could have negative impacts on both students and schools, while pointing to Governor Brown’s veto of a similar bill just last year.
SB 322 by Senator Leno would have imposed suspension and expulsion requirements on charter schools and prevented them from using preferences for enrollment. Facing heavy opposition from charter proponents, the bill died on the Assembly Floor.
To view any of these measures go to www.leginfo.ca.gov and place in the bill number.

Charter schools make up eight of the top 10 high schools in Arizona according to a report recently released by the Arizona Department of Education and College Board, ranked by average SAT scores. Charter schools account for 15 of the top 20 public high schools in Arizona overall.
Recently, the Phoenix Business Journal reported on the rankings which highlighted charter schools in the story.
In total, 21 of the top 50 public high schools by SAT score in Arizona are charter schools. Approximately 30% of Arizona public school students attend charter schools in the state.
For a complete run down of the top 50 public high schools in Arizona by SAT score, visit the Phoenix Business Journal’s slideshow.

About Charter School Capital

Charter School Capital provides working and growth capital and charter school facilities financing nationwide. We have helped 500+ charter school educate 550,000 students across the country putting more than $1 billion to work for charter school education, including charter schools in Arizona. Ask us how we can help your school.