Ricardo Izquierdo Arroyo has a lot to learn from Eva Moskowitz. When you use political connections to get involved with charter schools, you should simply pay yourself a few hundred thousand dollars a year. Mistress Eva gets almost 400K running charter schools.
Arroyo, the nephew of city councilwoman Maria del Carmen Arroyo and grandson of assemblywoman Carmen Arroyo, is now accused of stealing more than 200K from a nonprofit agency. And this after his aunt went to the trouble of getting 1.5 million in public money to house his pet charter, a potential gold mine in itself. You see, while the public pays for charter schools, the schools themselves determine salaries. For teachers, that means 10% over UFT scale while working who knows how many more hours and days--and a very remote possibility they'll have anything resembling a career. But for moguls like Arroyo and Moskowitz, the sky's the limit.
So please, if you're starting a charter, simply pay yourself 2 or 3 times what any working principal earns, and don't hesitate to take a higher salary than the NYC Schools Chancellor. Charter schools are a burgeoning industry, supported by self-styled education experts everywhere, from Arne Duncan to Bill Gates to Al Sharpton. If you don't take advantage of these opportunities while the time is right, you'll be left out in the cold, like public school students stuck in third-rate overcrowded facilities.
Why reach into embezzled funds for your airfare, vacations. meals and designer clothing when you can simply pay yourself any damn salary you see fit?
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Stories herein containing unnamed or invented characters are works of fiction. Names, characters, businesses, places, events and incidents are either the products of the author’s imagination or used in a fictitious manner. Any resemblance to actual persons, living or dead, or actual events is purely coincidental.