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Credit: WINK News. Cape Coral charter schools are facing a financial crisis. Cape Coral Charter School Authority is running out of money to pay the bills. Dozens of parents want to know what’s next for their kid’s education in Cape Coral, and they went to the Cape Coral Council meeting Monday for answers. Just about all the parents who attended asked the city council to find a way to solve the charter school system’s money troubles. “It’s probably the worst news you can get when you literally pick up your life and move to another city to help your kids move forward, but then all of that crumbles down around you,” said. The city already looked into a partnership with the School District of Lee County to sole the money crush. But the District decided against forming one because charter school buildings need millions of dollars in upgrades. The city council made no decisions moving forward with the financial woes of the charter school system at its meeting.