REPORT: Taxpayers stuck with lion’s share of costs for LeBron James’ public charity school

BY TEAM DML / AUGUST 7, 2018 /

GET the DML NEWS APP (FREE) Click Here

Below is a report that DML News gives a 4 OUT OF 4 STARS trustworthiness rating. We base this rating on the following criteria:

  • Provides named sources
  • Reported by more than one notable outlet
  • Does not insert opinion or leading words
  • Includes supporting video, direct statements, or photos

Click here to read more about our rating system.

As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by DailyMail:

The I Promise public school that LeBron James opened for disadvantaged youngsters in his hometown of Akron, Ohio, will eventually end up costing district taxpayers roughly $8 million each year.

Akron school district spokesman Mark Williamson said: ‘The coverage made it look like the whole thing is his. He did a lot, but taxpayers should know it’s their investment too.’

Taxpayers will foot the bill because the school is a joint effort between Akron Public Schools, which covers the daily running of the school, and LeBron’s foundation.

The article goes on to state the following:

It is the product of a decade’s worth of work and as a public school it is not run for profit.

District officials are still trying to finalize the contract details for the school, Cleveland.com reports.

The NBA star was widely praised and received national media coverage for his support of at-risk children when the school officially opened last month.

He personally donated millions through his LeBron James Family Foundation, worked to secure sponsorship and will ultimately have a huge influence on the school program.

But the Akron district will actually end up paying around 75 percent of costs – $8 million – once it is fully established.

The district will hire and pay the teachers and administration and pupils will ride district buses to school.

The costs will mostly be covered by moving teachers, students and funds from other schools, according to the district.

LeBron’s foundation will contribute $2 million a year when the school is functioning at full capacity with all eight grades. Currently, it is only catering for third and fourth graders.

To weigh in on this information provided by DailyMail, engage in our LIVE CHAT below. Scroll down.

Facebook has SIGNIFICANTLY reduced the distribution of DML NEWS posts, and instead fills newsfeeds with news from the mainstream media. The way to fight back is by sharing our posts with your family and friends. Please take a moment now and click the share button. SHARE NOW



DML News offered you the above information as part of our ongoing effort to educate and inform people around the world. You can obtain additional information by visiting DailyMail

4 Comments

  1. Gloria Shaffer August 7th, 2018 at 1:07 pm

    LaBon is not such a big man after all. Ohio tax payers will be footing most of the bill.

    Reply

  2. Bekky August 7th, 2018 at 1:10 pm

    Imagine that, what a surprise! NOT!!!

    Reply

  3. Mary August 7th, 2018 at 1:41 pm

    Did the Akron Ohio people in that school district know that they were going to have to foot 75% the bill? With LeBron’s millions and millions of dollars and the big to do that they had about him opening the school I thought he was paying for the whole thing. Not very nice of him to leave the Akron Ohio citizens made to foot the bill for him. Not so great after all Lebron that was a mean joke

    Reply

  4. Aloma Kirby August 7th, 2018 at 6:51 pm

    Guess he will blame this all on OUR PRESIDENT. I’m sure he will find a way. He really pulled a big one over on the poor citizens of Ohio . How sad 👎

    Reply

Leave a comment

Your email address will not be published. Required fields are marked *