- Associated Press - Thursday, November 5, 2015

KANSAS CITY, Mo. (AP) - Nearly all of the remaining $2.6 million in assets from a closed charter school will be divided among the Kansas City school district and other charter schools in the area.

A Jackson County judge earlier this month spelled out how to divvy up the money still in the coffers of Renaissance Academy.

The K-12 math and science school closed at the end of the 2011-12 school year after struggling with low test scores. Last month, it paid back all but about $5,000 of its remaining funds, and will use what is left to cover its tax preparation and shredding bills.

Renaissance attorney Dana Cutler says the district had kept some money in its coffer because it was embroiled in a lawsuit with its former operator, Imagine Schools.


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