State law requires the Board to ground its actions in evidence of the charter holder's performance in accordance with the Board's performance framework and requires the Board's performance framework to include the financial expectations of the charter school. In July 2019, the Board implemented its new Financial Performance Framework ("financial framework"). The financial framework communicates the Board's expectations for ensuring that all charter holders in its portfolio are viable organizations with strong fiscal management practices. The guides and other documents below provide more information on the financial framework, including its measures, summative financial performance ratings, and intervention process.

Please ensure that you are using the correct Fiscal Year documents.

For Use with FY2020 Audits

FY2021 Financial "Intervention" Submission Checklists

For Use Beginning with FY2021 Audits

FY2022 Financial Framework Measure Calculator Templates

Resources for Charter Assigned First "Intervention" Rating

Resources for Charter Identified as "On Probation" and Assigned Probation Risk Level

The Board has developed the resource below to assist charter holders in determining their performance under the Board's financial framework.