The Joint Legislative Committee on Performance Evaluation and Expenditure Review, or PEER, is required by law to analyze finances for Mississippi’s fledgling charter schools system, created by legislation in 2013. The report says that funding for charter schools is not providing enough money to also run the Mississippi Charter School Authorizer Board that approves and oversees the schools.
Charter schools are publicly funded but operate outside many of the rules and regulations of traditional public schools in exchange for meeting educational goals and terms of their “charter,” or contract with a state authorizing board. There are three charter schools operating in Mississippi, in Jackson. State law requires them to be run by nonprofit organizations.