DE PERE – FOX 11 is taking a closer look at how much money a recently closed private school in De Pere owes.
The Wisconsin International School filed for bankruptcy earlier this month. The 67-page document shows the school owes more than half a million dollars.
The private school recently sent a letter to parents explaining the bankruptcy filing. The school board said next year’s enrollment was down 30 percent as well as a 30 percent budget shortfall for donations.
The filing also means more than 60 parents who already paid tuition may not get their money back. The document shows a Green Bay family paid almost $30,000 in tuition. FOX 11 spoke with one parent. She did not want to go on camera but says she was planning to send her children to the private school in the fall and already paid more than $8,000 in tuition.
The school owes thousands of dollars in utilities, IT, and accounting services. BMO Harris Bank is also among the names in the documents with a line of credit totaling more than $50,000.
More than two dozen teachers have unpaid wages totaling more than $165,000.
School officials will attend a mandatory meeting with a bankruptcy judge and creditors on Aug. 21.
FOX 11 left messages with the attorney representing the school but he did not return our calls.