- Associated Press - Tuesday, January 13, 2015

CHARLOTTE, N.C. (AP) - North Carolina could close a charter school in Charlotte that is struggling with low enrollment and financial problems.

The Charlotte Observer reported (https://bit.ly/1u1Ikq5) the state’s charter school advisory board is recommending that the state Board of Education either close the school or find someone to take it over.

The chairman of Entrepreneur High School told the board Monday that the school has $14 in the bank.

The school has about 30 students. State law requires charter schools to have at least 65 students. The school had expected to have 180 students this year.

The Department of Public Instruction projects that the school will have a deficit of at least $400,000 by the end of the year.

The State Board of Education is expected to discuss the school’s future next month.

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Information from: The Charlotte Observer, https://www.charlotteobserver.com

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