Board Votes To Shut Down 5 Charter Schools

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ST. LOUIS, MO (KPLR)-- Hundreds of city children enrolled in five charter schools now have to find new schools for next year.

The Missouri State Board of Education Tuesday afternoon voted to shut down the five charters. They're all run by Imagine Schools, a private for profit company based in the Washington D.C. suburbs. The five Imagine Schools in St. Louis will close in June.

The state board says the Imagine Schools had terrible academic performance and it's unclear whether taxpayer money is all accounted for.

Charter schools are alternative public schools, paid for with tax dollars. But they're often operated by for-profit companies. Missouri law does not allow state regulators to keep track of charter school money.