The Charter Blog

The Charter Blog

Maria Sazon

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Detroit Public Schools Buildings: Are They a Go or No Go for Public Charter Schools?

November 08, 2011 | by Maria Sazon |

Providing high quality educational options so that every child has an opportunity to learn is a core mission for the public charter school sector. In cities like Detroit, the need for quality educational options is urgent. For many years, state, local and community leaders have been sounding the alarm that public education in Motor City is in dire need of change. Finally, this year, changes are...

Charter School Bond History: Looking Back and Looking Ahead

October 17, 2011 | by Maria Sazon |

The Charter School Bond Issuance: A Complete History, published by the Local Initiatives Support Corporation (LISC), provides a comprehensive analysis of the more than $5 billion in tax-exempt bond transactions undertaken by roughly 400 public charter schools, from the first bond offering in 1998 through 2010.

Another Big Thing Out Of Texas: Public Charter Schools Are Now Entitled to the Permanent School Fund (PSF) Guarantee!

July 20, 2011 | by Maria Sazon |

On July 19, Governor Rick Perry signed into law Senate Bill 1, giving financially-sound public charter schools access to the state’s Permanent School Fund (PSF) bond guarantee. This will help schools construct and renovate school buildings. PSF is the state’s $25 billion, AAA rated endowment. Bonds with the PSF-guarantee will be rated AAA—the highest possible credit rating—saving charter schools...

“A Decade of Results: Charter School Loan and Operating Performance,” Lending to Charter Schools Pays Off

June 19, 2011 | by Maria Sazon |

A Decade of Results: Charter School Loan and Operating Performance is an industry-wide study of 430 charter school loans, both outstanding and paid off, from 2000-2009. The study, conducted by Ernst & Young LLP and funded by the Bank of America Charitable Foundation, examined loans that totaled $1.2 billion and were made by 15 lenders to 336 schools. The lenders are mostly community development...

Charter School Bond Deals Are Big News!

November 25, 2010 | by Maria Sazon |

Generally speaking, bonds are not the most interesting topic. So, it's understandable that charter school bond issues -- which are only a small part of the municipal bond market -- might go under the radar. But, that changed this month when editors of The Bond Buyer (a very respected and influential media outlet for those of us working in the bond sector) announced the finalists for the...

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