City Hall guaranties 22 million dollar KIPP loan

 Remember when the city council demanded to know every detail of the 15 year 1.3 billion dollar referendum? Well okaying a 22 million dollar loan for the KIPP school didn't merit one question. Not a chirp, nothing.  

I have some issues and I think you should too.

The city already routinely gives KIPP hundreds of thousands of dollars extra. It gave them 631k early this year. 

https://jaxkidsmatter.blogspot.com/2020/07/even-during-pandemic-jacksonville-finds.html

Though we have really given them millions

https://jaxkidsmatter.blogspot.com/2019/07/the-kipp-school-has-taken-in-extra.html

Two of the members of the Neighborhood Committee have taken money from Gary Chartrand, you know, the one behind the KIPP school. Ju'Coby Pitman, tens of thousands, and Rory Diamond, a cool million.

https://jaxkidsmatter.blogspot.com/2019/10/who-else-has-gary-chartrand-bought.html

https://jaxkidsmatter.blogspot.com/2019/10/rory-diamonds-seven-figure-by-off.html

https://jaxkidsmatter.blogspot.com/2019/09/the-architect-of-referendum-crisis-gary.html

https://jaxkidsmatter.blogspot.com/2019/08/with-friends-like-city-council.html

It, however, gets even worse.  The KIPP network just took in tens of millions in pandemic CARES cash.

https://www.washingtonpost.com/education/2020/07/27/charter-schools-their-management-companies-won-least-925-million-federal-coronavirus-funding-data-shows/

This on the heels of huge grants they have received in recent years.

https://www.chalkbeat.org/2019/4/18/21107967/charter-networks-kipp-and-idea-win-big-federal-grants-to-fund-ambitious-growth-plans

Plus they will undoubtedly reap tens of millions from the referendum.

Why are we guarantying their loans again?

This is the bottom line, over and over again the city throws money at the KIPP school and Gray Chartrand who both founded the KIPP school and is owed millions by it. The mayor and city council fought against the referendum and the school system for the most part so Chartrand could get paid. They are going to cost the school system hundreds of millions of dollars so their donor can make bank. 

It's outrageous.

How charters will make money off the referendum. 

https://jaxkidsmatter.blogspot.com/2019/08/how-gary-chartrand-plans-to-make-money.html