Chicago Public Schools accused Englewood and Bronzeville Urban Prep charter programs of financial mismanagement in a report to the Board of Education.
"Many of the issues they are referencing are from years ago and it's worth noting in years since then, we approved and renewed each of those years," said Chief Financial Officer Troy Boyd Jr.
Boyd said CPS was set to renew their charter in August, but he claims their tune changed when former Urban Prep CEO and Founder Tim King filed a lawsuit against CPS in September after he was accused of sexual misconduct. "CPS has used misconduct allegations against Urban Prep Ac founder and former CEO as a means to control and undermine our operations and new leadership team," Boyd said.
The new leadership team is asking Mayor Lori Lightfoot to intervene. In a statement, Lightfoot's office said the issue is a CPS matter.
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