UpdatedTue, Apr 6, 2021 at 6:25 pm ET
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The Capital City Public Charter School, located in the Steeplegate Mall, owes the mall $84,000 in back rent. (Tony Schinella/Patch)
CONCORD, NH Concord s only public charter school, after burning through more than three-quarters of a million dollars in taxpayer funds while only operating for two school years, has filed for bankruptcy.
According to the filing, posted in U.S. Bankruptcy Court in Concord on March 22, the Capital City Public Charter School owes vendors, utilities, its landlord, and even the Small Business Administration a combined $229,273.55. The filing comes after the school, which was founded in 2018 by Stephanie Alicea of Boscawen, as a school for public service teaching, surrendered its charter to the state in February after an audit found nearly $154,000 in questionable disbursements and unsupported federal reimbursements from the school s federal grant.
New Hampshire bankruptcies hit record low for third month in a row
Modified: 12/18/2020 3:30:57 PM
Very few individuals or businesses in New Hampshire have thrown in the economic towel during this pandemic, as bankruptcies have sunk to yet another record low.
Some 60 individuals – no businesses – filed for bankruptcy in November, the lowest number of any month in a generation, save for the three months following a change in the bankruptcy law in 2005 that made it much harder to file. The November number beat the previous modern record, set in October, by six, which beat the previous record, set in September, by five.