In Florida, 40% of taxpayer funds goes to the management company, not to educating students. What a racket says Diane Ravitch, who posted this link where the 'Florida League of Women Voters have performed qpublic service by detailing how for-profit charter companies rip off taxpayers and cheat children. Here is the beginning of'ANALYSIS OF CHARTER SCHOOL USA REAL ESTATE BUSINESS PRACTICES: 'Florida now educates more than 230,000 students at more than 650 publicly funded charter schools. While many of these schools are providing good educational opportunities, we have found that the fundamental structure of the for-profit management companies, specifically Charter Schools USA, must be questioned. The following outline summarizes a very detailed report given the LWVF Board this past summer. '