Charge that Taxpayer Funds to Defunct Charter Schools Can’t Be Traced

Dozens of charter schools in New Jersey have closed over the past few years with millions of dollars of federal taxpayer money unaccounted for, a report alleges.

Julia Sass Rubin, an associate professor at the Edward J. Bloustein School of Planning and Public Policy at Rutgers University, said dissolving a charter school can mean that a lot of money simply disappears.

“Once a charter school is out of money, it’s out of money. You can’t go after the buildings because they are not owned by the school; there are not a lot of assets to collect on,” Sass Rubin said. “In a policy sense … there’s a lot of people left holding the bag.”

NJ Spotlight, June 17, 2019