By: Cal Day
The Oklahoma State Virtual Charter School Board will meet on Tuesday to discuss a potential settlement with Epic Charter Schools. In the proposed agreement, Epic would make purchasing records of the controversial Learning Fund public.
Just last week, the Epic Charter School Board spent close to seven hours discussing the settlement and changes it is going to make in the future in order to run by state standards.
The fund is maintained by Epic Youth Services, a private company that manages Epic Charter Schools. According to an October state audit, the Learning Fund received nearly $80 million in public funds from 2015 to 2020.
State Virtual School Board To Consider Epic Settlement Proposal
news9.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news9.com Daily Mail and Mail on Sunday newspapers.
State Virtual Charter School Board To Discuss Possible Settlement With Epic Charter Schools
thebulltulsa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebulltulsa.com Daily Mail and Mail on Sunday newspapers.
Charter schools slapped with new $10.5 million penalty by state Education Department
OKLAHOMA CITY, Oklahoma (Tulsa World) Epic Charter Schools has been hit with another big financial penalty by the Oklahoma State Department of Education.
For the second year in a row, education officials say Epic’s own spending reports to the state reflect administrative costs well above statutory limits for all public schools and the school remains out of compliance with mandatory school cost accounting.
The state’s largest school system was notified in a Wednesday letter that it is being assessed penalties totaling at least $10.5 million over the remainder of the fiscal year ending June 30 for both its schools, Epic One-on-One and Epic Blended Learning Centers.