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Posted inCharter Schools, Schools

Loans to help fund NOMMA construction; board approves auditorium lease

The New Orleans Military/Maritime Academy on Thursday moved several steps closer to securing funding for the projected $14.1 million renovation and construction of a permanent facility in Algiers’ Federal City development. Gathered in a temporary site once intended to be a U.S. Navy hospital, seven members of the school’s board of directors voted unanimously to […]

Posted inCharter Schools, Schools

Savings will plug deficit due to higher costs, fewer students than expected

Pride College Prep expects revenues for the current year to fall short by $186,000, a deficit of about 5.5 percent in the school’s $3.4 million operating budget, board members learned at their monthly meeting on Tuesday. Finance director Simone Green said administrators will dip into savings to cover the shortfall, the first time in its […]