Utah Education Board forms panel to examine charter schools

SALT LAKE CITY (AP) — The Utah Board of Education will form a new task force to examine charter school finances.

The board voted Thursday to create the panel to look into charter school spending and how the schools can restructure their finances.

The decision comes amid ongoing financial strife with the pending closure of the American International School of Utah in Murray.

The charter school plans to close later this month with more than $400,000 owed to the state and other debt.

Board members have questioned the oversight of state Charter School Board and why officials didn’t intervene in the school sooner.

The state auditor’s office has also asked for all charter schools to move to the same accounting standards that public schools use.

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