Odyssey’s Future Tied To Their Bondholder

Odyssey Charter School

Odyssey Charter School looks to have their hands tied by their current bondholder.  If they do not score well on their next financial performance framework, the bondholder will step in to intervene at the school.  The school submitted a minor modification request to increase their numbers by a shade below 15%.  Normally, that type of request doesn’t require a full-blown Charter School Accountability Committee (CSAC) hearing, but it is at the Secretary of Education’s discretion.  Godowsky wanted that, and here we are.  Who did the school call to help them out with their struggling money issues?  Below is the initial report from CSAC.