Home Business Two Miami-Dade Charter Schools Loaned $900K In Taxpayer Funds To Sister Schools

Two Miami-Dade Charter Schools Loaned $900K In Taxpayer Funds To Sister Schools

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Keys Gate Charter School in Homestead. (Photo: Wikimedia Commons)

Two Miami-Dade charter schools illegally transferred taxpayer funds by lending a combined $912,094 to sister schools outside the county, the top lawyer for the Florida Department of Education has determined.

As a result, Miami-Dade Public Schools auditor Jose Montes de Oca is recommending the district initiate efforts to recoup the money even as a representative for one of the charter schools claims no law was broken.

In an Oct. 21 letter to school district attorney Walter Harvey, education department general counsel Matthew Mears said Keys Gate Charter School in Homestead and BridgePrep Academy in Miami’s Little Havana neighborhood were prohibited from making loans to affiliated schools not in Miami-Dade.

“Funds that are appropriated to a local school district are for the education of the students within the school district,” Mears wrote. “For this reason, the transfer of appropriated funds across district lines, with or without interest, is not authorized.”

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[vc_btn title=”More on Charter Schools” style=”outline” color=”primary” link=”url:http%3A%2F%2Fwww.floridabulldog.org%2F2016%2F12%2Ftwo-miami-dade-charter-schools-loaned-900k-to-out-of-county-sister-schools%2F|title:More%20on%20Charter%20Schools|target:%20_blank|”][vc_message message_box_style=”3d” message_box_color=”turquoise”]By Francisco Alvarado, FloridaBulldog.org, Special to SouthFloridaReporter.com Dec. 5, 2016 [/vc_message]