The state is giving millions in taxpayer dollars directly to private schools to help them renovate and expand their campuses. It may be the next frontier in the push to increase the use of school vouchers, proponents say.
Spectrum News reported on Monday that the Third Future Schools charter school network, based in Colorado and founded by Miles, was using funds from the network’s Odessa school to offset losses at its Aurora, Colorado school. Miles’ sister now runs Third Future Schools.
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The news outlet reported that the three Texas schools received $25 million in taxpayer dollars. About $15 million went to teachers and staff. But another $10 million was listed by Third Future Schools as unspecified administrative costs. Subsequent public documents obtained by Spectrum News revealed that more than $2 million went from Third Future Schools’ Texas operation to help cover losses at a Colorado school.
This is the new normal for educational funding in the state. Legalized embezzlement.
Happening down in Texas as well. The HISD Superintendent looted millions from the local budget and expropriated it to a set of private Colorado schools he is invested in.
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This is the new normal for educational funding in the state. Legalized embezzlement.