Financial Performance Framework
During the 53rd Second Regular Legislative Session, the budget was passed with language requiring charters to meet the financial performance expectations set forth in the performance framework. This provision gave the Arizona State Board for Charter Schools (Board) the authority to take action against a charter it sponsors based on its Financial Performance Framework. The Board was therefore required to begin a public review process to design a financial framework and adopt rule and policy to which the Board can use for accountability purposes.

The Board has seated a Financial Subcommittee (Subcommittee) to review and update its Financial Performance Framework in light of this additional accountability. To assist the Subcommittee, the Board is requesting comments from stakeholders. Information submitted in response to the following questions will be considered by the Subcommittee.

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