May 1 , 2012 is the day charter and traditional public schools projected enrollment is due.
The fiscal school year starts July 1, 2012 and the state kicks out some funding for the new year. I am curious where Pencader numbers will be? in school year 2010-2011 Pencader’s actual enrollment was 616 students and this year 2011-2012 the enrollment is 507 students.
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Somewhere in the numbers is the break even point re: revenues and expenses. DOE Dan knows and he’ll be sending up some red flags if the May 1 projected student count isn’t healthy. I am not sure how aggressive Pencader has been re: recruiting students for next year. Seems like they are too busy bickering rather than shoring up their image. I’ll make an effort to get those projected numbers and report back to you.
Parents if you want to save Pencader you’re going to have to turn up the heat up and end it. Better get it done by this Friday!
For so long as Pencader shall remain on probation, it shall not incur any additional debt without the prior written consent of the Department. By June 30, 2013. Pencader Business and Finance Charter School shall have also repaid in full the $300,000.00 loan from Greggo & Ferrara, and shall be debt free.
http://www.doe.k12.de.us/infosuites/ddoe/sbe/docs/Pencader4-2012.pdf
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Ain’t gonna happen.