The state says five Missouri charter schools are financially stressed.
Four of the schools are in St. Louis - Carondolet Leadership Academy, Grand Center Arts Academy, South City Preparatory Academy and Jamaa Learning Center. The fifth is Pathway Academy in Kansas City.
This is the first time the state has declared schools financially stressed under a new state law that requires more supervision of the publicly funded but independently run schools. The designation is based on ending balances in two key funds.
Superintendent Kelvin Adams says more than 1,200 of Imagine’s 3,500 students have applied to attend St. Louis Public Schools next year. He says if enough parents are interested, the district will open as many as six new buildings that would allow Imagine students to stay together.