News of the earlier inquiry makes it clear that allegations of improper spending and...
Just two weeks before the deal for the jet was approved, IDEA — the largest charter school network in the state — had promised the Texas Education Agency that it would be “strictly enforcing” new fiscal responsibility policies enacted in response to that ongoing investigation.
Since then, the Texas-based chain of 143 schools has received more than $3 billion in public education funding. IDEA serves 60,000 students in Texas, with four schools in the greater Houston area and 30 in the greater San Antonio area. The parallel investigations and associated audits have already led to the departure of two CEOs and other top officials at the chain; IDEA points out that the deal for the jet used money raised privately — not public education funds.
“Instead, these executives directed the use of financial, staff and other resources for their personal benefit. Along the way, they took steps to hide, obscure and misrepresent their activities from board members and other entities responsible for oversight. Those individuals no longer work here.”
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