COLUMBUS COUNTY, NC (WECT) - The State Board of Education voted in favor of beginning the revocation process for SEGS Academy's charter Thursday morning.
The board also voted to initiate the revocation process for three other charter schools: Entrepreneur High Charter, Dynamic Community Charter, and Children's Village Academy Charter.
On Wednesday, the state board was told that no qualified groups have expressed interest in taking over SEGS Academy which was recommended for closure.
Joel Medley, director of the State Office of Charter Schools, delivered the message during the board's meeting in Raleigh. He said if the board voted Thursday to strip SEGS of its charter, the Delco school will remain open through the end of the academic year and have the option of appealing the decision.
If SEGS' charter is eventually revoked, it would be the 12th revocation in state history and the first in Southeastern NC, according to school records.
A DPI report found "serious internal control and financial issues" at the school, which opened in 2013 and serves students in Kindergarten through 6th grade.
The Department of Public Instruction placed SEGS on financial disciplinary status in August after the North Carolina State Health Plan reported that the school owed $21,570 in premium and interest payments.
Alexis Schauss, the Department of Public Instruction's director of school Business Administration, said Wednesday that problems remain.
"They still have financial solvency issues and a lack of management of their financial affairs," Schauss said.
State officials have also noted violations of the non-profit's policy regarding contracting with family members.
Randolph Keaton, who chairs the school's board of directors, said earlier Wednesday that his biggest concern is communicating with parents and students "who are clearly shaken by the uncertainty."
Keaton said his board wants the school to remain open.
"We have some great teachers and some great parents and some great children," he said.