Moody’s Analytical located just north of us in West Chester, issued a report elaborating Charters are not good for economically weak urban areas… Is Wilmington one? YES!!!!!!
“Charter schools pull students and revenues away from districts faster than districts can reduce their costs”, says Moody’s. “As some of these districts trim costs to balance out declining revenues, cuts in programs and services will further drive students to seek alternative institutions including charter schools.”
The cities where over a fifth of the students are enrolled in charter schools are Cleveland, Detroit, Kansas City, St. Louis, and Washington, D.C….
Below are the four factors which cause urban Public School decline whenever charters are allowed, according to Moody’s.
The school district is already financially pressured and grappling with weak demographics
School districts have a limited ability to adjust operations in response to a loss of enrolment to charter schools
A third risk factor for a school district is its being in a state with a statutory framework promoting a high degree of educational choice and which has a relatively liberal approval process for new charters and few limits on their growth, as well as generous funding.. Whereas Delaware once had some controls, after a the devastating last legislative session, they have all but been eliminated.
A school district is not integrated into a healthier local government. Such integration can lead to greater diversity in revenues and more flexibility in balance sheets, positioning the district to better handle operating and financial changes. Both the state DOE and city government are in disarray.
Delaware and particularly Wilmington, match those areas where charters destroyed education..
It appears that Charters need eliminated, at least until Wilmington is again a strong, economically viable city with its strong tax base and strong government intact…. Till then, we should only allow district ownership and control of all new schools….
Don’t take my word. Take Moody’s.