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Online school to lose $1.2 million, instead of expected gain
December 7, 2005
Wisconsin's first statewide online high-school program may close unless administrators can fix the problems that led to a massive shortfall on initial expectations, the Milwaukee Journal-Sentinel reports.
IQ Academies was supposed to generate $1 million for the Waukesha school district where it is operated by the 2006-07 school year, but is now expected to have a net loss of $1.2 million by mid-2006.
Officials said fewer students signed up than were expected, but technology accounted for a large part of the cost overrun.
IQ Academies was supposed to generate $1 million for the Waukesha school district where it is operated by the 2006-07 school year, but is now expected to have a net loss of $1.2 million by mid-2006.
Officials said fewer students signed up than were expected, but technology accounted for a large part of the cost overrun.
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