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Case
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Reference no. 110-004-1
Authors: John Sullivan (Boston University)
Published in: 2009
Length: 39 pages
Data source: Published sources

Abstract

The Board of Trustees of the Marblehead Community Charter Public School was almost in a state of shock. In the 2007/2008 academic year, the school was in a state of political instability and on the verge of financial collapse. Now, with much of the turmoil and subsequent scandal behind them, the Board of Trustees was in the process of evaluating a possible expansion that would add another 50 children in two new sections of 3rd grade and approximately $500,000 in new state revenues. The question was whether or not the timing was right and if the financing would work. If the school was wrong in any part of its calculations, the expansion would create a cash drain that could very well force it to close its doors. However, if the expansion would go as planned, the additional funding would provide not only two new sections of students, but also badly needed resources such as a new library, computer labs, and a science laboratory.
Location:
Industry:
Size:
Small
Other setting(s):
2007-2009

About

Abstract

The Board of Trustees of the Marblehead Community Charter Public School was almost in a state of shock. In the 2007/2008 academic year, the school was in a state of political instability and on the verge of financial collapse. Now, with much of the turmoil and subsequent scandal behind them, the Board of Trustees was in the process of evaluating a possible expansion that would add another 50 children in two new sections of 3rd grade and approximately $500,000 in new state revenues. The question was whether or not the timing was right and if the financing would work. If the school was wrong in any part of its calculations, the expansion would create a cash drain that could very well force it to close its doors. However, if the expansion would go as planned, the additional funding would provide not only two new sections of students, but also badly needed resources such as a new library, computer labs, and a science laboratory.

Settings

Location:
Industry:
Size:
Small
Other setting(s):
2007-2009

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