November 22, 2021 7:33 pm

Taxpayers could help fund Cape Coral charter schools

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The city is digging itself into debt to pay for the buildings of these charter schools. An analysis of just how bad the issue is showed it will total more than $60 million when you factor in total principal and interest. That’s because of the lease agreement on these buildings. The debt service on them is $3.2 million per year.

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