ALBANY, N.Y. -- The State Comptroller's Office says an Albany Charter School possibly missed out on saving millions of dollars.
A new audit on the Albany Community Charter School on Krank Street, says the board in charge of the school leases the building where it's based. According to the comptroller's office, the board could have actually bought the space using a bond.
And, depending how long ago that would have happened, it could have meant of savings of anywhere from $200,000 to $2 million.
In a response, the school says borrowing wasn't an option when they opened in 2008, and are still in the middle of a 10-year lease.