Audit: U.S. Oversight of Charter School Funds Lax

Thursday, October 25, 2012

An audit of the U.S. Department of Education's division overseeing hundreds of millions of dollars in charter school funding has criticized the office for failing to properly monitor how states spend the money.

The report by the department's Office of the Inspector General, which was released in late September, also singled out state education departments in California, Florida and Arizona for lax monitoring of what charter schools do with the funds and whether their expenditures comply with federal regulations.

The education department's Office of Innovation and Improvement spent $940 million from 2008 to 2011 on charter schools, which are autonomously operated public schools. Most of the money is funneled through state education departments, although some is given directly to charter schools.