The Mississippi Charter School Authorizer Board is starting the process of revoking the charter of SR1 College Preparatory and STEM Academy. State officials say the Canton school has a day’s worth of money on hand.
The school, which opened in August 2023 and is located in the metro area north of Jackson, will undergo a corrective action plan after its leaders meet with members of the authorizer board. The school can salvage its charter by proving it’s financially sound.
The school “continues to fail to comply with applicable laws, regulations and the terms of the charter contract based on the framework,” authorizer board Chair Candace Hunt read from the motion to start the revocation process…