School Board Members Request Financial Info from Newpoint Educat - WMBB News 13 - The Panhandle's News Leader

School Board Members Request Financial Info from Newpoint Education Partners

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The fate of Newpoint Bay High's charter could rest on financial information requested by the Bay District School Board.

The Board asked for the data following last weeks School Board meeting when they tabled the decision on the charter's renewal.

Tuesday was the deadline for Newpoint Education Partners to return the requested information. The Board submitted four pages of questions to the schools managing company on a wide range of financial matters.

A review committee made the recommendation to not renew Newpoint Bay High's charter, citing a "failure to meet generally accepted standards of fiscal management as the main reason."

The Board did not make a finial decision at the meeting. Instead, they are requesting answers from Newpoint Education Partners to several financial concerns. The questions cover everything from contributions verses consulting fees, liability to a 160 thousand dollar draw on a line of credit, and tax returns for the last three years. They also want to know more about the relationship between the managing company and the school.

School Board member Ginger Littleton says these answers could help decide her vote.

"I don't want any squirrely book keeping and the questions are really cut and dry. Tell me this and we're fine . Don't give me the run around. Just be perfectly honest and open so that everybody trusts everybody," says Littleton.

The School Board meets this Thursday at one to discuss the school's charter again.