The State Board of Education said it's making changes to address state laws regarding charter schools.

"We need much stronger academic outcomes and financial transparency from charter schools and their operators," State Board of Education Vice President Casandra Ulbrich said in a statement. 

A statement adopted by the State Board of Education calls on the state legislature to develop reform measures "that mends, with clarity, the major flaws in the current charter law."

A series of reports in The Detroit Free Press were critical of charters schools. Earlier this week, the state served notice to charter school authorizers on transparency issues.

The newspaper alleged the estimated $1 billion in taxpayer money was funneled toward charter schools without much oversight.

"We have to make sure that our tax dollars are being focused on the education of our kids and not misdirected into the shadows, beyond public oversight," Ulbrich said.