Additional Transparency
In July 2019, the Board implemented additional transparency requirements for the charter schools it sponsors and approved a plan for rolling out these requirements in fiscal year 2020. More information about the additional transparency requirements is included below.
Education Service Provider
By September 1 of each year, including by September 1, 2019, the Board’s rules require each charter holder to notify the Board as to whether it has an agreement or contract with an education service provider for the current year. For those that have such an arrangement, the rules require the charter holder to provide certain information to the Board. To assist charter holders in complying with the rule’s requirements, the Board has developed a form (see below) that allows the charter holder to easily submit the required information to the Board and has provided answers to frequently asked questions.
Please click on the above link to access the form and "Download", save the document, and then open the saved document to complete form.
Mandatory Reporting
The Board’s rules require a charter holder to report to the Board within 10 business days of receipt or occurrence certain items, such as tax liens and default notices, that could indicate there might be some financial stress on the organization. Notices and occurrences that take place between July 1, 2019 and August 1, 2019 must be reported to the Board by the charter holder no later than August 15, 2019. To assist charter holders in complying with the rule’s requirements, the Board has developed a form (see below) that allows the charter holder to easily submit the required information to the Board and has provided answers to frequently asked questions.
Please click on the above link to access the form and "Download", save the document, and then open the saved document to complete form.
Website Link to Performance Dashboards
The Board’s rules require each charter school to conspicuously and permanently post a link on its website to the charter school’s academic performance dashboard and the charter holder’s financial and operational performance dashboards on the Board’s website. Each school that operated in fiscal year 2019 must conspicuously post the link on its website by August 1, 2019. New schools opening in fiscal year 2020 must conspicuously post the link by September 1, 2019. To assist schools in complying with this requirement, a file is included below for fiscal year 2020 that contains the link to each charter holder’s “Performance” tab in ASBCS Online, and the Board has provided answers to frequently asked questions.
