From the press release:
Do charter schools live up to their supporters’ claim that they deliver a better education for less money?
While previous research has focused on the first half of that claim – education quality — a new report published by the National Education Policy Center examines the second half – what charters spend.
Schools operated by major charter management organizations (CMOs) generally spend more than surrounding public schools, according to Spending by the Major Charter Management Organizations: Comparing Charter School & Local Public District Financial Resources in New York, Ohio and Texas.
The finding is significant, especially when programs such as the U.S. Department’s “Race to the Top” are directing more resources to charters deemed to be successful….The research team examined spending in New York City, Ohio and Texas.