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related party transactions

Sep 28, 2017

Legal, but unethical – most charter schools use public funds for questionable transactions

A majority of Arizona’s charter schools spend taxpayer dollars on non-competitive business arrangements with for-profit businesses that are owned by the charter holder, board members, or their relatives. Grand Canyon Institute’s research found that 77 percent of charter schools engage in ‘related-party transactions’ in a manner that is not in the best interests of Arizona’s students, par[...]

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