HOUSTON — The Texas Education Agency has released the final results of a months-long investigation into the charter school system founded by Houston ISD Superintendent Mike Miles.
In May, a news report alleged Third Future Schools was funneling money from Texas to support its struggling schools in Colorado financially.
The state investigation says no Texas laws were broken, and the TEA has closed its investigation.
Miles stepped down from leading his charter school network when he was appointed superintendent as part of the state takeover of HISD.
Earlier this year, a Spectrum News Texas report highlighted a pair of million-dollar-plus checks allegedly sent from Third Future Schools in Texas to its campuses in Colorado. The report accused Miles of sending Texas tax dollars out of state.
Miles has issued a statement responding to the report, saying the report "either intentionally or through gross incompetence, mischaracterized commonplace financial arrangements between charter schools and the charter management organizations that support them."
It's important to note that the Spectrum report was not about HISD money but focused on Miles and Third Futures Schools, which is based in Colorado. Miles founded the charter school system in 2015 and led it until 2020. In 2022, the Texas Education Agency appointed him to lead the state's largest school district.
