But then it will take the money and pour it back into building more schools. They will not exercise or have enough power until they have at least 15 percent of the market. California has 300 charter schools, which is less than 4 percent of the state s 8,000 public schools. In California, even if schools were to make a profit, by law they must reserve three percent of their operating budget in reserve for the following year, explained Donald Gill, vice president of education operations at the School Futures Research Foundation in San Diego. You really have to know how it works.
Business practices are good, but they only go so far.
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