Magnolia Science Academy, Gulen Charter School applies for $8.7 million in Charter School Facilities funding.

See complete Magnolia Educational Charter School Facilities request for $8,706.978

http://www.treasurer.ca.gov/csfa/staff/2011/20110627/4_14_5_2.pdf

 CHARTER SCHOOL FACILITIES PROGRAM

2011 LOTTERY FUNDING ROUND

PROP 1D 2009 FUNDING ROUND

STAFF SUMMARY REPORT – JUNE 2011 Applicant/Obligor:	Magnolia Educational and Research Foundation
Project School:	Pacific Technology School – Santa Ana
CDS (County – District – School) Code:	09 76596 0119537
[Proposed] Project Location:	1548 W First Street, 1434 W First Street and 1525 W Walnut Street, Santa Ana, CA
Project Type:	New Construction
County:	Orange
District in which Project is Located:	Santa Ana Unified School District
Charter Authorizer:	California State Board of Education
Total OPSC Project Cost:	$17,413,956
State Apportionment (50% Project Cost):	$8,706,978
Lump Sum Contribution:	$0
Total CSFP Financed Amount:	$8,706,978
Length of CSFP Funding Agreement:	30 years
Assumed Interest Rate:	3.00%
Estimated Annual CSFP Payment:	$444,224
First Year of Occupancy of New Project:	2012-13

Gulen Charter Schools in California- LAUSD outperforms Charter Schools

No surprise, Charter School closures for Califorinia 2009 were largely closed because of mismanagement and financial issues.  collectively 72% of the reason.

http://sacdac.org/Paradox.aspx



http://www.scpr.org/programs/patt-morrison/2011/08/19/20362/what-works-in-education-tests-show-lausd-outperfor

After all the debate over teacher evaluation, class size, reading & math fundamentals, special ed, etc., what actually works in public education? New test scores released Monday revealed surprising results: that the Los Angeles Unified School District not only held its own in math and English test scores, but in most cases outperformed schools run by four charter reform efforts. What’s more, the district achieved the feat without outside funding brought in by reform groups to their schools. LAUSD is championing the results but the charters say it’s not the whole picture. They claim the numbers alone leave out important elements, like the large number of students who greatly improved their scores but still did not meet proficiency standards, school safety, and student retention to list just a few. David leads a discussion with the LAUSD and heads of some of those reform efforts about what approach they take, what works—both in the long and short term-and what the goals of public education should be

Gulen Charter Schools in California are:

Magnolia Science Academies (largely based in Southern California with 1 in Santa Clara)

Bay Area Technology School (Oakland)

Pacific Technology School (Orangevale, CA near Sacramento)

Gulen Charter Schools in the USA: Gulen Charter Schools Where is your money going?

Gulen Charter Schools in the USA: Gulen Charter Schools Where is your money going?