The school district says it will step in to run the school next year so the financially struggling school doesn’t close.
The charter school told parents Sunday it would close for good this week.
"We ask that you offer real solutions to this terrible situation in which you have put our families," they wrote.
Students will be transferred to another charter network.
The city uses the tax exemption to lure companies, so the boards wants to hear from New Orleans Mayor LaToya Cantrell.
Exemption costs schools $3.7 million per year. Extra money could be used to help fund pre-K expansion.
The Education Research Alliance of New Orleans explored how graduation rates, college entrance rates and student improvement could factor into accountability.
School district says no new students will be admitted for the next six months.
The Rev. Charles Southall had a school credit card issued in his name.
The city has more students and more who qualify for special-education funding.