A charter school operator may face state sanctions for not fully disclosing how it spends taxpayer money.
Charter Day School, Inc., a non-profit that operates four charters in the southeastern part of the state, has refused to say what it pays employees with the for-profit Roger Bacon Academy who work in the schools.
Charter Day School would agree to provide the salary information only if the state signed a confidentially agreement or treated the information as a trade secret, said Philip Price, the state Department of Public Instruction’s chief financial officer.
John Ferrante, chairman of the non-profit’s board of trustees, did not return calls Thursday.
Gov. Pat McCrory told the State Board of Education to gather financial information from all charter schools based on questions about how they spend their money.
Charter schools are public schools that operate free from many of the rules and policies governing traditional public schools.
A ProPublica report published in the N&O last month examined how all four charters hire Roger Bacon Academy, owned by Baker Mitchell, to run daily operations. The schools buy or lease furniture, land, buildings, and equipment from companies Mitchell owns.
The State Board of Education on Thursday voted to put Charter Day School on financial probationary status, giving it 10 business days to produce the salary information. After 10 business days, Charter Day School will be put on financial disciplinary status if it hasn’t provided the information.
It would be up to the board to decide on sanctions, which could include freezing the schools’ money.