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Budget woes threaten REALM Charter Schools

Published Tuesday March 14


Photo: Berkeleyside

A recent independent audit of Revolutionary Education and Learning Movement Charter Schools revealed the middle school ended the 2015-16 school year with a negative fund balance of more than $1.1 million. The high school ended with a positive balance of $243,646.

The deficit and recurring cash flow challenges “cause substantial doubt about the Schools’ ability to continue as a going concern,” according to the REALM auditor’s report .

In the letter, Diaz stated REALM’s special education costs have increased as it has enrolled a growing number of students with special needs and hired staff to serve them.

Parent: “This is the city that’s too expensive for these families to live in”

Article length: About 1120 words.
Tags: Berkeley City Communications
Read more at Berkeleyside

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