The invisible hand picks the taxpayers' pocket:
In documents filed in court and with the state charter school office, Mack, vice chair Jennifer Winstel and consultants hired by the StudentFirst board say Handford overstaffed the school, put family members on the payroll, failed to pay bills and document expenses, arranged big raises for herself and Moss, and let the school fall into academic disarray.
“Once operations were underway, we met monthly and received glowing reports from the school’s leaders – reports that we would later discover were mischaracterizations at best and outright fabrications at worst,” Mack wrote in his Feb. 19 response to Medley.
The court case is shaping up to be a big hot mess, but there's no doubt the financial stability of the school is in jeopardy. And the way the Legislature has designed oversight for these entities, taxpayers have very little control over how their money is spent.