Auditors say 5 charter schools in Broward County in the red

Monday, January 27, 2014

Five charter schools in Broward County ended last school year in "deteriorating financial condition," spending more money than they took in, district auditors said Thursday.

Those schools must now submit a corrective action plan to the state and work with the district to get back on solid financial ground.

The schools include Broward Charter School of Science and Technology in Pembroke Pines; Florida Intercultural Academy in Hollywood; and three Fort Lauderdale schools — Mavericks High of Central Broward, The Obama Academy for Boys and The Red Shoe Charter School for Girls.

Charters are public schools that are privately run by cities, individuals or organizations. There are more than 90 in the district and another dozen could open next year.

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