Enough to buy a shitload of public school textbooks:
The 2015 report cites $203 million, including the 2014 total plus $23 million in new cases, and $44 million in earlier cases not included in last year’s report.
It notes that these figures only represent fraud and waste in the charter sector uncovered so far, and that the total that federal, state and local governments “stand to lose” in 2015 is probably more than $1.4 billion. It says, “The vast majority of the fraud perpetrated by charter officials will go undetected because the federal government, the states, and local charter authorizers lack the oversight necessary to detect the fraud.”
The lack of oversight wasn't an oversight on the part of Republicans, they're counting on it. In the absence of that needed fraud detection, they can continue to expand the program until the private sector gains a controlling interest in public education. And some of them probably genuinely believe that fraud and abuse in the private sector is still better than efficiency and good results from government entities. Which is reason #27 why they need to be booted out of the Legislature.