RALEIGH, N.C. (WITN) – The State Board of Education will decide whether the state’s oldest charter school will be shut down at the end of the month.

Children’s Village Academy is appealing a decision by the North Carolina Charter Schools Review Board last month not to renew its charter.

Earlier this week, the Education Innovation and Charter Schools Committee unanimously voted to not renew the Kinston school’s charter in the first step of the appeal.

The full board is now taking up the issue today.

The charter school, with two campuses and 140 students, is said to have a history of fiscal problems. It is the only charter school in Lenoir County.

The school has yet to pay back $152,050.13 in federal grant funds that the state says was improperly spent, while officials claim they have found hundreds of thousands of more dollars in questionable grant spending.

A lawyer for the school admitted it has made mistakes, pledged it would improve its compliance shortcomings, make changes to its board, and pay back the owned money by the end of the month if its charter was renewed.