charter school facilities financing
 

Your Ultimate Guide to Charter School Facilities Financing

If you clicked from somewhere to read this blog post, you probably already feel that finding charter school facility financing finding or locating the perfect facility for your charter school is a huge, complicated undertaking. Not to worry, you’re in good company. We understand that most charter school leaders aren’t financial or real estate experts, and for a good reason—you’re focused 100% on educating children. And, you want the best for them. Planning and financing any facility project is complex, time-consuming, and has the potential to distract your team from its core mission: serving your students.
Across the U.S., accessing charter school facilities is, by far, the greatest challenge faced by charter schools. In addition, planning and financing any facility project is complex,time-consumingg, and has the potential to distract your team from its core mission: serving your students.
We’ve created this manual to share our insights and perspectives on the charter school facilities landscape market and also share advice on planning—and realistically balancing—your team’s facility dreams with budget realities.
In it, we also cover the four primary funding structures that charter schools use to finance facilities: cash, banks, bonds, and long-term leases.
It can indeed be a complicated endeavor and that’s a key reason as to why it’s so important to find the right funding partner to help guide you through the process and help you succeed. Charter School Capital is 100% dedicated to charter schools and has years of experience in navigating the unique needs and challenges they face. We have helped schools achieve their facility goals using each of those methods—and we’ll help you determine which options might be the best fit for your school’s unique situation.
Over the past ten years, we’ve invested almost $2 billion in more than 600 charter schools to help them grow, finance facilities, and achieve academic excellence and operational stability. We view ourselves as a long-term partner of charter schools and a strong advocate of the charter school movement.
Download this free guide to get all of your facilities questions answered!
In it, you’ll get straightforward, actionable advice on:

  • Facilities planning
  • Financing options
  • Getting approved
  • Choosing a partner
GET THE RESOURCE

Charter School Capital logoIf you are trying to meet operational expenses, expand, acquire or renovate your school building, add an athletic department, enhance school safety/security, or even buy new technology, complete the online application below and we’ll contact you to set up a meeting. Our team works with you to determine funding and facilities options based on your school’s unique needs and mission. Contact us, we’d love to get to know you.

 

California Charter School LegislationCharter School Moratorium Bill

In this California legislative update, learn what’s happening with SB 756 and other assembly bills which would severely impact charter schools in the state.


On Wednesday, April 24th the State Senate Education Committee met and heard SB 756 by Senator Durazo. The bill would establish a moratorium on charter schools in the state for 5 years.
Hundreds of charter school supporters turned out in opposition to the bill but it passed out of committee on a 4-3 vote. Senators Leyva, McGuire, Pan and Durazo voted yes while Senators Wilk, Chang and Glazer voted no. Senator Glazer was the only Democrat to vote against the bill. Though Senator Pan did raise questions and concerns about the bill and got the author to agree to amend the bill moving forward.
The amendments were talked about but not fully vetted, so it is not entirely clear how they would be drafted. The bill now heads to the Senate Appropriations Committee for a vote on its fiscal impact.
Together with ABs 1505, 1506 and 1507—which are going through the Assembly—this bill would mean a severe crackdown on charter schools in California.
If these bills become law, it is unclear how charter schools will survive in the future. The charter school community must continue to fight and advocate to keep our schools open and retain school choice for students and parents.
To view any of these bills go to: https://www.legislature.ca.gov select the bill number tab on the left and then enter the bill number.


Charter School Capital logoSince the company’s inception in 2007, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

LEARN MORE

 

Florida Legislative Update

Florida Legislative Update: Mid-Session Hope for Schools of Hope

In the past two years, the Florida Legislature passed some of the most sweeping charter school policy since the original charter school legislation was signed in 1996. As Speaker of the Florida House of Representatives, Richard Corcoran orchestrated the revamping of the formula for calculating and appropriating capital funds to charter schools, expanded timelines for planning and opening new charter schools, created a state-sponsored scholarship for struggling readers in grades 3-5. But the most sweeping change that will play for years to come is Schools of Hope.

Schools of Hope

Schools of Hope were established as a means of closing the opportunity gap and improving student performance. The Schools of Hope legislation provided an expedited approval path to entice national high performing charter schools to become Hope Operators and open charter schools within the attendance zones of Florida’s persistently low-performing traditional public schools.
Since then, two nationally known charter school operators (KIPP and IDEA Public Schools) have received the Hope Operator designation from Florida Department of Education and have announced plans for new schools in Miami and Tampa.

A Plan to Expand

Fast forward to the present. Shortly after his inauguration in January Governor Ron DeSantis named former Speaker Richard Corcoran as Secretary of Florida Department of Education, and he is now on a mission with supporters in the Florida Legislature to expand the Schools of Hope program even further.

Legislative Negotiations

At the beginning of legislative session last month the Florida Senate offered a plan that cut funding for the existing Schools of Hope program ($140 million) as well as reclaiming money from the previous two years and increasing Hope awards available to school district’s efforts at improving those persistently low-performing schools on their own. This idea did not sit well with House members who felt the Schools of Hope was the best solution after years of failed attempts by school districts to improve performance at these low-performing schools.
The House plan cuts Hope awards available to public schools from $2,000 per student to $500 per student and shifts more money into the Schools of Hope program. Negotiations between the two chambers on policy soon began and now the policy is beginning to come together.

Senate Bills

This past week, the Senate amended its school choice bill to more closely resemble the House version and its provisions for Schools of Hope expansion.
Both bills (HB 7095 in the House and SB 7070 in the Senate) would revise the school grade requirements in the definition of “persistently low-performing” that could potentially expand the areas available for Hope Operators to open new schools. It would also provide state funds for lease payments and other costs until the school is fully enrolled.
The House version further amends the definition of “persistently low-performing” to include Florida Opportunity Zones created by the federal Tax Cuts and Jobs Act of 2017, signed into law last December. This could add an additional 200 communities available for potential Hope Operators to consider for new school sites.

What it All Means

Both versions of the bill will continue to move closer to one another as the last two weeks of the legislative session come to a close. Regardless of what the specific language that is finally approved, this expansion of the Schools of Hope program will continue to solidify school choice and will only mean more options for closing the opportunity gap in Florida’s K-12 education system.
See our previous Florida Legislative Update here.


Charter School Capital logoSince the company’s inception in 2007, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

LEARN MORE

 

 

school culture

How to Build Positive Charter School Culture: Toolkit for Schools and Network Leaders

Editor’s Note: Building a positive school culture in your charter school can help students achieve more, build morale among both staff and students, and attract and retain exceptional teachers, among other key benefits. This outstanding content is from the National Alliance for Public Charter Schools and was originally published here on February 5, 2019. If your goal is to implement or improve the school culture in your charter school but don’t know where to start, this toolkit will be an invaluable resource to get the ball rolling.
We think it’s vital to keep tabs on the pulse of all things related to charter schools, including informational resources, and how to support charter school growth and the advancement of the charter school movement as a whole. We hope you find this—and any other article we curate—both interesting and valuable.


SCHOOL CULTURE TOOLKIT: PRACTICAL RESOURCES FOR SCHOOL AND NETWORK LEADERS

CULTURE IS KEY

Positive culture is a key ingredient in any school’s success. A strong culture helps schools hire, develop, and retain more great teachers; avoid challenges with staff morale; and inspire students to reach greater heights. But we’ve found many charter schools are unsure where to begin in understanding or improving their culture.
This toolkit contains practical resources to help school and network leaders build stronger cultures at their schools—starting tomorrow—so that they become places where the best teachers want to build long, rewarding careers. Many of the tools were created and curated by TNTP, a national nonprofit with more than two decades of experience working with public charter schools and traditional district schools.

SCHOOL CULTURE OVERVIEWS

These resources provide a high-level overview of the most important elements of a strong instructional culture.

RETAINING GREAT TEACHERS

A key part of sustaining a strong school culture is holding on to outstanding teachers who embody it. These resources can help school leaders do just that.

COMPENSATION AND CAREER PATHWAYS

Salaries and career advancement matter to teachers as much as they matter to other professionals—and both are an important part of how teachers perceive their school’s culture. Network and school leaders can use these resources to help ensure their compensation and career pathway policies reinforce strong cultures at the school level, and give their best teachers more opportunities to shape policies and practices beyond their own classroom.

HIRING TOP TALENT

Every teacher hiring decision sends a message about what a school truly values in its culture. Those new hires, in turn, help shape the school’s culture for years to come. Building a selection process around a clear vision and set of expectations can help schools hire the teachers who best fit their culture—and reduce morale and performance challenges over the long run. These resources can help school and network leaders take stock of the standards they want to set when hiring teachers and implement them consistently.

ADDITIONAL RESOURCES

These organizations offer other useful perspectives on building school cultures designed to attract and retain top teachers:

You can download the complete toolkit PDF here.


Charter School Capital logoSince the company’s inception in 2007, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

LEARN MORE

 

 

charter school facts

Charter School Facts: The State of the Charter Sector Today

Editor’s Note: Bellwether Education Partners published the first The State of the Charter Sector in 2015. They have just recently completed the second edition, The State of the Charter Sector: What You Need to Know About the Charter Sector Today, in January of this year. It includes the latest available information on the charter sector (data on growth, geographical trends, school performance, etc.)
Because charter schools and the charter school movement continue to be a topic widely debated across the country, we are consistently working to dispel myths by sharing the facts. Similarly to the sentiments of the team at Bellwether, “Our goal is not to persuade but to inform. Rigorous debate — based on accurate information — is necessary for thoughtful policymaking and, ultimately, to ensuring all students have access to a high-quality education.”


The State of the Charter Sector: What You Need to Know About the Charter Sector Today

General Summary

  • Schools: There are 7,039 charter schools
  • Enrollment: 3 million charter students
  • Enrollment Share: 6% of total public school enrollment are charter students
  • State Charter Laws: 44 states and D.C. have charter school laws

Growth

  • After years of rapid growth, the number of charter schools and students is starting to level off, though school closures understate the pace of new school openings
  • The majority of schools opened since 2005 are in 16 states; 40 percent of all new school growth during that time occurred in California, Texas, and Florida
  • Growth in high-performing CMOs far outpaces overall sector growth

Performance

  • The latest available research shows that, nationally, charters outperform traditional public schools in reading and underperform in math
  • National performance masks strong performance across many regions, locales, & student groups
  • Charter performance is improving over time
  • More recent sector-wide research is necessary to understand charters’ impact nationally

Challenges

  • Charter schools face challenges in seven areas: state policy, authorizers, facilities, human capital, funding, public opinion, and
  1. State laws do not allow or set a cap on charters, restrict authorizers, and limit access to funding and facilities
  2. Authorizers are a key driver in charter performance, but there is wide variation in effectiveness
  3. Charters have limited access to appropriate facilities, but some state and federal policies help
  4. Charters face human capital issues, including shortages of teachers of color, unequal compensation, and low staff sustainability
  5. Charters receive 27 percent less in per-pupil funding than TPS
  6. Public support for charters has gone down in recent years
  7. Charters, like many TPS, struggle to ensure that all students have equitable access to high-quality schools and experiences once enrolled
  • The sector has made progress on these challenges in recent years, but none have been truly solved

For the purpose of this blog post, we’ve just highlighted some top-level numbers and facts, but you can read the complete report here.


Charter School Capital logoSince the company’s inception in 2007, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

LEARN MORE

 

 

charter school sustainabilityDo You Know the Four Pillars of Charter School Sustainability?

Editor’s Note: For this CHARTER EDtalk, our own Charter School Capital Advisor, Ryan Eldrige, was honored to be joined by Jeff Rice, Founder and Director of APLUS+, The Association of Personalized Learning Schools & Services, to discuss the Four Pillars of Charter School Sustainability. Jeff is passionate about the charter school movement and because of his dedication, APLUS+ has been a leading voice to raise awareness and understanding of the critical need for parent and student choice in public education, and specifically for a personalized learning option in education for the growing number of students for whom a rigid, classroom-only model is not a good match for success.
To learn more about the Four Pillars of Charter School Sustainability, please watch the video or read the transcript below for the full story.



Ryan Eldridge: Hello and thank you for joining this episode of CHARTER EDtalks. I’m Ryan Eldridge, Charter School Capital Advisor, and I’m honored to be joined today by Jeff Rice, director and founder of the APlus+ Personalized Learning Network Association, and we’re going to be talking about building strong community engagement. So, welcome Jeff. Thank you for joining us.
Jeff Rice: Well, thank you. It’s an honor to be here as well.
Eldridge: Why don’t we just kick it off. I’ll ask you a couple of questions, and we’ll just dive right into it. So, can you tell us a little bit about APlus+ and the APlus+ network and your theme for this year?

About APLUS+ and Personalized Learning

Rice: APlus+ is the first and currently the only association whose mission and vision is to advance personalized learning and to support all schools, but particularly charter schools whose mission and vision is to personalize learning.
When we talk about personalized learning, because that tends to be a phrase that can be used to represent a wide variety of things, we’re talking about a model of education that provides choice and flexibility in how, what, when, where and with whom each student learns. So, it is incumbent upon every school, who supports that mission and vision, to provide a wide variety of choices. Sort of a buffet menu that can be matched to the needs of each and every student.
We were founded 17 years ago in 2002, so this is our 17th year in operation, and we have built a strong reputation as the pioneers in education for personalizing learning in the 21st century. Our theme for this year is Strengthen That Which We Can Control, and the reason we chose that theme is obviously because of the consequences of the 2018 elections and the choice (of some within the status quo education system) to use charter schools as scapegoats for all of the financial troubles, the academic issues that the district schools are experiencing, and they’re using charter schools as the reason for their fiscal mismanagement and academic failures, of course, all of which is false.
But what we can control is to strengthen our schools in four particular areas, which we call the Four Pillars of Sustainability. If you’d like me to-

The Four Pillars of Charter School Sustainability

Eldridge: That was my next question. Now, I was just going to ask you can you go into the Four Pillars of Sustainability?
Rice: I jumped right into it.
Eldridge: That’s great. Please do.
Rice: Okay. So, the Four Pillars of Sustainability, which are the four primary areas in which we have direct control over are as follows.

PILLAR 1: Accountability and Transparency

Rice: Obviously with the recent signing into law of SB 126 by [California] Governor Newsom, requiring charter schools now formally even though most charter schools were already complying with these requirements, but formally, legally, to comply with the Brown Act requirements, the Public Records Act requirements, the Political Reform Act requirements, and sections of Government Code 1090. It has intensified the requirements for charter schools to be very transparent in those areas. So, with regard to governance, charter schools now really have to step it up to make sure that they are following all the requirements now that are being required of them.
In addition to, of course, what they’ve been required to do all along, and that is make sure that they follow their charter school petition in their administration that they meet their LCAP goals and do their reporting mechanisms as they are required to do to make sure that their finances are in order and that they are fiscally responsible and prudent that they have the required reserves set aside as well as legal compliance to make sure that they are very familiar with charter school law, very familiar with all the areas in which they are required and being scrutinized to follow. As we know, the scrutiny has intensified in the last couple of years. And as a result of the 2018 elections, has intensified even more. That is the first pillar, accountability and transparency.

PILLAR 2: Student Data, Growth, and Achievement

Rice: The second pillar has to do with student data, growth, and academic achievement. Of course, student data is an area in which we can significantly improve, particularly around student intake data. In my nearly 20 years of experience, I hear countless stories about how students who have been struggling in district-operated public schools are coming to charter schools, and their first or second year state testing results, of course, are far below proficient, the reason being because they are inheriting the failures of those district schools with those particular students who upon enrollment with the charter school are several grade levels behind, are credit deficient, are having all kinds of challenges that are not the fault of the charter school at all.

The Importance of Data to Demonstrate Growth

Rice: But the charter schools can do a much better job of documenting that information and translating it into a reportable document that shows that they didn’t start on an even ground when they enroll that student. Well, to use this starting gate analogy, they weren’t at the starting gate. They were hundreds of furlongs behind the starting gate and had to play several years of catch-up in order to bring those students to proficiency in all of the core subject areas. But yet the California Assessment of Student Performance and Progress (CAASPP) results don’t show that. CAASPP results do not reflect that at least until year three or year four.
If the student stays that long with the charter school, the students’ testing results start to reflect the great work that the charter school is doing. So, we need to do a much better job of documenting data and then recording data and reporting it. In addition to that, we need to do a better job not only on the CAASPP results and the dashboard indicators but also using internal assessment data to show internal growth. There are a number of effective tools out there that every charter school should be using regardless of the type of model the charter school is to be able to document internal growth where a one-year snapshot test by the state does not provide all of the story.
Then in addition to that, we want to make sure to use other types of indicators that demonstrate success, college and career indicators and so forth, some of which the state is finally after all these years adopting formally, but to the degree to which the charter school can show those additional indicators. Even post-secondary placement indicators will help in the mix of demonstrating success.
That is the second pillar. Those are more internal pillars by the way. The other two pillars are more external. I believe that charter schools across the board need to recognize that they assume the role of dual educators.
They are equally responsible for showing positive successful results with their students as they are in educating their greater communities and the public.

PILLAR 3: Brand Identity and Sharing Your Success Stories

Rice: We know that still after 26 years of being a movement in California, that the majority of the public still doesn’t know what a charter school is. When most of you say, “We are from a charter school,” the first question out of their mouth most of the time is, “How much does it cost?” That is a mirror that reflects back to you their lack of knowledge in what a charter school is.
In fact, it tells you that the majority of the public still after 26 years believes that charter schools are private schools because how many people in the public think that there is a tuition fee for a public school?
Unless they’ve been living in a cave, they know that public schools are tuition free. So, for them to say, “How much does it cost?” tells you that they believe that charter schools are private schools.

Unless they’ve been living in a cave, they know that public schools are tuition free. So, for them to say, “How much does it cost?” tells you that they believe that charter schools are private schools.

That is a huge public relations disaster for the charter school movement where the majority of the public still doesn’t recognize that charter schools are part, an integral part, of the public school system. Now, our opposition is taking advantage of that by going out and using false propaganda and talking points to say that charter schools are stealing public school students. Charter schools are stealing public school dollars from the public education system.

Rebranding Charter Schools

Rice: So, they’re using that lack of knowledge in the public to their advantage to use charter schools as a scapegoat and to demonize charter schools and to sway the public against charter schools even though charter schools are an integral part of the public education system. In order to turn that around, not only do we need to educate the public about charter schools being an integral part of the public education system, but charter schools need to adopt a strong brand identity. A brand identity is a way to, in layman’s terms, describe who you are, what you do, and how you do what you do.
What is the end result? The end goal is to create value and distinction in the mind of the public, so they recognize that you are an essential part of a vibrant and healthy public school system in their community that you are serving students whose needs are not being effectively met by other types of public schools. Now, that’s not to say that we should get rid of all district schools and go all charter. This is not about charter schools versus district schools. This is about having a healthy and vibrant and diversified public education system that provides equal access and equal opportunity to all students, to find the school and the program that is best matched to them to ensure their best chance at succeeding and going on to a productive life through career and college pathways.

This is about having a healthy and vibrant and diversified public education system that provides equal access and equal opportunity to all students, to find the school and the program that is best matched to them to ensure their best chance at succeeding and going on to a productive life through career and college pathways.

To establish a brand identity is to succinctly describe who you are, what you do, and how you do what you do in a way that the public understands and recognizes the tremendous value to society and to the public education system that they’re currently not seeing by not even knowing that what a charter school is. So, it’s incumbent upon every charter school to establish a strong brand identity, and from that foundation to then tell your success stories and tell your success stories through a wide variety of avenues, from social media, to traditional media, to developing relationships in the community, which gets, then, to our fourth pillar of sustainability, and that is to develop strong relationships and allies out in the community.

PILLAR 4: Building Community Relationships and Allies

Eldridge: Please elaborate on this one. This is important, I think, for a lot of charter schools.
Rice: That’s right. Because charter school leaders wear so many different hats, they tend to really have little or no time to reach out to their greater communities, and yet that is equally as critical as serving the needs of their students, especially in today’s very contentious climate where we’re really facing some of the most anti-charter legislation and anti-charter perspectives and sentiment and downright attacks that we have experienced in 26 years of existence.
So, the heat has been intensified. It is incumbent upon charter school leaders to reach out, not operate in isolation, not operate as separate islands, but to reach out and develop strong relationships with community leaders and community organizations that make a difference.
And in so doing to build allies so that when we are challenged by the status quo system that believes in a monopoly ahead of the best interests of students and ahead of parent and students’ school choice, which should be the foundation that everybody agrees on.
But yet that is not what we’re currently facing. We need to have those local allies to influence decision-makers and elected officials are responsible for making policy at the state level, to remind them that the most important focus is what is in the best interest of students, and how can we together create a vibrant and healthy education system that offers diverse choice and opportunity for all students to ensure that all students succeed? That should be the goal for everybody, but yet it’s not.
So, developing those community relationships by reaching out to individuals, engaging with them, educating them, inviting them to be a part of your school community, of your greater concentric circles of influence, makes all the difference in the world, and that needs to be integrated into the culture of every school as vitally as important as is integrated into the school, the goal of academic excellence.
Eldridge: Yeah, can you provide some specific tips on how they can actually engage the community and create those allies? Is that inviting authorizers out to board meetings? Is it holding community events? How do you suggest they do some of those things?
Rice: Well, I think first and foremost, it’s to invite them to be part of your interview informational distribution network. Get them on your email distribution list. Develop an email newsletter or other ways of distributing and disseminating information on a regular basis, some of which may include invitations to all school events whether those events are open house events; they’re events that honor and recognize community leaders for their support, which are very important. Community leaders love to come and receive awards, and to find excuses and reasons to honor and recognize their leadership and their support in your school and in what you’re doing is vitally important.


RELATED: How to Host a Successful Legislative Visit to Your Charter School


Rice: That also includes events that may showcase student talents and student achievements and student results, everything from theater to spelling bees, to robotics team results and those kinds of things. Use those opportunities to reach out to your community and invite folks to join you. Also, use organizations such as Chambers of Commerce and rotary clubs and Elks lodges and other organizations that are parent-driven, that work with troubled youth and teens, that work with families such as real estate agencies, such as church groups and so on. I have a whole list here. I’m trying to remember off the top of my head what a lot of them are.
Eldridge: You’re doing great.
Rice: But certainly, elected officials. Go out and meet with elected officials, staff at the regional offices. Go visit them in Sacramento. Bring students along to tell their success stories. In addition to the newsletter, use social media outlets. Use traditional media outlets to talk about your student success stories, to talk about your academic results and how you’re making a difference for students who otherwise would not have been successfully served had you not been in existence.
That is what ultimately creates value and distinction. You are providing a school model and results that other types of public schools and even private schools are not able to offer, which means you are an essential ingredient and component to a, to contributing to a healthy and vibrant public school system.
Eldridge: Great. Jeff, always passionate. Really appreciate it, it’s great information. Appreciate you coming again today.
Rice: Thank you so much for having me.
Eldridge: And hopefully everybody else out there enjoyed it, and that wraps up this episode of CHARTER EDtalks. Thank you.


Charter School Capital logoSince the company’s inception in 2007, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

LEARN MORE

 

 

Charter School Authorizer

Top Ten Insights into the National Charter School Authorizer Pipeline

Editor’s Note: This information was originally published here, by NACSA. For those interested in getting a charter school up-and-running, these charter school authorizer insights might just mean the difference in getting a charter approved … or not.
NACSA’s first-ever analysis of the national charter school pipeline reveals a sector with a tremendous variety of applicants and educational models—a more diverse sector than the common narrative would suggest. It also reveals the significant impact authorizers have in shaping the public education landscape across the country. Ultimately, communities get the schools that authorizers approve.

Top 10 Charter School Authorizer Insights

School Models

1. A wide variety of educational models are being proposed and approved.
2. Authorizers are more likely to approve some types of educational models than others:

3. The “No Excuses” model is becoming much less prevalent, with the approval rate of 40% in the last five years.

Operator Types

4. The proportion of proposals from freestanding operators is at a five-year high.

5. Historically, authorizers are much more likely to approve schools affiliated with CMO or EMO networks.

6. Proposals from for-profit operators have declined sharply, dropping 50% since 2013.

7. Operator types vary between states, with EMO-affiliated schools representing a significant number of approved schools in only four of the states studied. Only 4 states with EMO approval rate higher than 30%.

External Support

8. The vast majority of proposals did not identify support from an incubator, philanthropy or community partnership.

9. Applicants with more than one form of external support are much more likely to be approved.

Local Context Matters

10. Widespread variation exists from state to state, and as a result, there is not a “typical” charter school proposal or state.

For the full infographic, click here.


Charter School Capital logoSince the company’s inception in 2007, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

LEARN MORE

 

Charter School Honor Roll WinnersAnnouncing the 2019 Charter School Honor Roll Winners!

Charter schools help create educational choice. That’s why Charter School Capital only works with charter schools – we believe in the power of charter schools and their leaders to deliver quality education. We created the Charter School Honor Roll in 2018 to celebrate the achievements of exceptional charter schools across the country.
We were humbled and inspired by the hundreds of worthy submissions we received for this, our second annual, Charter School Honor Roll. Our team was so moved by the passion and pride that ALL of our submissions shared about the hard work their students and school leaders have been doing. And, because the caliber of schools who shared their stories with us was so exceptional, selecting the winners was no easy task for our panel of judges.
The stories charter parents shared about their children blossoming; feeling included; feeling at home; being supported; being recognized for their achievements; being part of a larger family, were all so deeply moving.
School leaders shared their immense pride in student accomplishments; state and local recognition; the dramatic academic improvement due to the hard work and dedication of students and teachers; supporting the professional development of their staff; school service and outreach and how it has impacted their communities; beating the odds … just to name a few.
We carefully read each submission and selected schools that we felt best exemplified exceptional accomplishments in any of the following categories:

  • School growth
  • Student achievement
  • Community service
  • School leadership
  • Positive school climate

Thank you to everyone who sent in amazing stories and photos for consideration. Your hard work and dedication are truly awe-inspiring. Reading each and every one of these stories has reinvigorated our belief in what we do here at Charter School Capital—helping charter schools access, leverage, and sustain the resources they need to thrive, allowing them to focus on what matters most—educating students.
To see the list of 30 outstanding schools (from 17 different states) that made the grade for this year’s honor roll, click here!


Charter School Capital logoSince the company’s inception in 2007, Charter School Capital has been committed to the success of charter schools. We provide growth capital and facilities financing to charter schools nationwide. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!

LEARN MORE

 

California Charter School LegislationCalifornia Legislative Update: Anti-Charter School Bills Pass the Assembly Education Committee

Here is the latest California legislative update:
On April 10th the Assembly Education Committee held their regular bi-weekly hearing, but at 1:30p they had a special order to hear AB 1505, 1506 and 1507.
All of these bills are anti-charter bills and they all passed the committee with 4 votes from the Chair, Assemblyman Patrick O’Donnell, Assemblyman Kevin McCarty, Assemblywoman Christy Smith, and Assemblyman Ash Kalra.
Assemblywoman Shirley Webber abstained and Assemblyman Kevin Kiley, the only Republican on the committee, voted no.

AB 1505

Taken together the bills would severely handicap all charter schools in California and could lead to their closure. AB 1505 by Assemblyman O’Donnell would take away the right to appeal a denial of a charter petition at any level and would not allow a county office of education to approve a county-wide charter. All charter petitions could only be approved by a local school board and they could be denied based on the financial impact to the district. This bill is headed to the Assembly Appropriations Committee.

AB 1506

AB 1506 by Assemblyman McCarty would put a cap on the number of charter schools in California. The cap would be the total number of charter schools in California as of January 1, 2020. After that date a new charter school could only open up after one closes in the state. This bill is also headed to the Assembly Appropriations Committee.

AB 1507

AB 1507 by Assemblywoman Smith would prevent a charter school from opening a facility in a neighboring district if it cannot find a facility in the district that it is authorized in. Additionally, the bill would only allow a charter school to have one resource center in the district that it is authorized in. This bill is headed to the Assembly Floor next.
To view, any of these bills go to https://www.legislature.ca.gov and hit the bill link at the top left of the page and put in the bill number.

Energy Solutions for Charter Schools

Energy Solutions for Charter Schools: The Effects of the Built Environment on Classroom Behavior

When it comes down to it, charter schools are businesses and the bottom-line counts, but providing the best possible learning environments for students is a top priority for charter school leaders. Implementing smart energy solutions for charter schools is a way to combine these goals with positive, research-backed results that show great benefit to both a school’s bottom line and the productivity and comfort of their staff and students.
In fact, amazing results in productivity studies across the country, including those from the WELL Building Standard, are sparking more investment in optimized work and learning environments. Using integrated “Smart” Ceilings, LED light fixtures and building controls, today’s buildings are smarter than ever, and research is showing a correlation between smart buildings and increased productivity of the people the space.

So, what does a Smart Classroom look like?

As the students come in from recess, the HVAC has already begun providing cool supply air for the programmed 1:30 class to begin comfortably. The teacher, behind her desk, switches to a new lighting scene before the students arrive…
The fixtures over the students dim down 75% (saving energy) and change to a cool pale yellow. The fixtures over the teacher’s head and whiteboard are the same color temperature, but at full brightness. The dimmer, yet adequate light fixtures over the students help calm their nerves after 30 minutes of play outside on the basketball courts and playground. The teacher wants them relaxed, but focused on the front of the room, where she is going to show them how the new solar array on the roof is generating clean power for the light fixtures, computers and air conditioning in their classroom.
The South facing windows used to be a nuisance this time of day, making the students in the back of the class especially hot from the California sun. The new solar window film now blocks 85% of the heat from coming in, but still has a bright beautiful view of the school’s entry vestibule. Blocking the heat creates improved comfort, and gives the HVAC system a break, saving a lot of energy especially in the afternoon hours. The film also provides the added benefit of safety and security, as it is both bullet and shatter resistant.
The teacher goes on with her presentation confident, and with a smile. Her classroom, which she felt used to hinder the performance of her students, has been transformed to an optimized, smart environment where students can learn effectively.

What do the studies show?

A study in England suggests that the built design of a classroom can impact a student’s academic performance by as much as 25% (up or down) in early years classrooms. According to research from The Nightingale Association and The University of Salford Manchester, “Environmental factors studied affected 73% of the changes in student scores… students were assessed at the beginning and end of the year for academic performance in math, reading and writing, and classrooms were rated on environmental qualities like classrooms orientation, natural light, light quality, acoustics, temperature and air quality.”
The CBRE Global Headquarters adopted the WELL Building standard, and 83% of employees reported feeling more productive, 92% said they felt the new environment created a positive effect on their health and well-being and 94% said their new office had a positive impact on their business performance.
We believe the same results are possible in classrooms across the world and we are so excited to help make that dream a reality. We’ve created Charter School Energy Powered by BioStar Renewables to help do just that. By providing smart energy solutions for charter schools, we’re allowing charter schools to access energy efficient and renewable energy solutions for their buildings—improving the learning environment for their staff and students while reducing utility and maintenance expenses.
About the Author: David Smart is the President and COO, Energy Reduction at BioStar Renewables. David has multiple years of experience developing energy efficiency projects with a focus in LED lighting. As VP of Sales for BioStar, his experience includes negotiating purchasing agreements, sales and development, project management and utility consulting.


If you’re interested in learning more about Charter School Energy and the potential savings to your school, visit our Charter School Energy page or contact us and one of our advisors would be happy to chat with you.

LEARN MORE