This one’s from New York. Is this what we call efficient use of taxpayer dollars for nonprofit charters?
“The new offices will cost [Eva Moskowitz of Success Academy Charter Schools] organization $31 million over 15 years, according to its most recent financial report.
The same report shows Moskowitz received an eye-popping $567,000 during the 2012-2013 school year. That’s a raise of $92,000 from the previous year, and more than double the $212,000 paid to Schools Chancellor Carmen Fariña. . . The move to Wall Street took effect just months before the much-publicized battle between Moskowitz and Mayor de Blasio over who would pay the rent for three new Success Academy charter schools the mayor had refused to place in public schools.
In March, Moskowitz organized a charter school protest in Albany against de Blasio’s decision. She followed that with a multimillion-dollar television ad campaign financed by her hedge fund backers.
Gov. Cuomo and the Legislature responded with a new law requiring the city to pay rent for all future charter schools.
As a result, the school system is spending $5.3 million this year to house the three new Success Academy schools in buildings owned by the Catholic Archdiocese.”