Closing 20 DC Public Schools will save the school system barely more money than it will cost to close them, according to a report released Tuesday by the DC Fiscal Policy Institute, or DCFPI.

While closing the proposed schools could save DC Public Schools $10.4 million in the 2013-2014 school year, consolidating them could cost $10.2 million, significantly reducing the overall savings, the analysis by D.C. education finance analyst Mary Levy found.

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