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© Cummings Center, Suite 236C, Beverly, MA Performance Standards Work Group
© 2013 Performance Standards Work Group Take a couple minutes to brainstorm a list of: Fiscal outcomes produced by healthy, viable, and legally compliant charter schools Operational outcomes produced by healthy, viable, and legally complaint charter schools.
© 2013 Agenda o Introductions o Objectives o Financial Standards Overview o Break o Operational Standards Overview o Next Steps
© 2013 Introductions David Hartman, SchoolWorks Tracy Kelley, SchoolWorks Please share: your name, school, and why you are here.
© 2013 Why we are here today… These workgroups have been charged to establish reasonable expectations SDP can adopt to ensure the charter schools in its portfolio are viable organizations with strong fiscal management and operational practices in place. Please note, that SDP has engaged this process to cognizant of the delicate balance between appropriate oversight and infringement on autonomy.
© 2013 Session Objectives Develop standards for SDP’s oversight of charter school’s financial and operational performance through a process that is objective, transparent, and comprehensive. Gather stakeholder ideas and perspective while relying on a wide-range of sources to inform the development of SDP’s standards for oversight of charter school’s financial and operational performance. Ensure that matters of financial management and compliance do not get in the way of a school’s ability to provide a high quality education to its students.
© 2013 Pennsylvania Charter School Law Charter school law requires Compliance with federal statues No Child Left Behind (NCLB) Individuals with Disabilities Act (IDEA) Family Educational Rights and Privacy Act (FERPA) Internal Revenue Code for (501)c(3) organizations Compliance with state statutes The Right to Know The Sunshine Act The Public School Code of 1949 The Public Officials and Employees Ethics Act
© 2013 Pennsylvania Charter School Law Requires a “written charter” signed by authorizer incorporating provisions from application Requires SDP to “annually assess whether each charter school is meeting the goals of the charter” (Sect A) Requires that each charter school “submit an annual report” by August 1. Gives SDP “ongoing access to the records and facilities…to ensure compliance” (Sect A)
© 2013 Pennsylvania Charter School Law Allows SDP to revoke a charter where there are “violations of any of the conditions, standards or procedures contained in the written charter” (Sect A(1)). Does not define charter school operational performance standards or expectations, but specific laws of which charter schools are required to comply. Prohibits a charter school from discriminatory “admissions policies or practices. Allows a school’s charter to include provisions for the “establishment of reasonable criteria to evaluate prospective students” (Sect A(2)).
© 2013 Academic performance was considered with stakeholders in July and August. We just considered financial performance. Our next task is to consider operational performance standards for charter schools. Operational Performance Standards
© 2013 Operational Performance Standards PA charter school law does not explicitly provide an operational performance framework nor does it provide operational performance standards or goals. SDP hopes that this workgroup will help establish the operational standards by which all SDP charter schools will be evaluated, informing both SDP and the individual school leaders about school performance and sustainability.
© 2013 Operational Performance Standards SDP currently assess the following domain sub-categories when evaluating a charter schools operational practices Board Oversight School Oversight ELL/SPED Teacher Certification and Compliance Leadership Enrollment Application
© 2013 Operational Performance Standards -Consider Theses Examples- Common Design Elements Indicators, Measures, Metrics, Targets, and Ratings Indicators include, equity, culture, governance, facilities, mission alignment 6-7 Measures are used to evaluate an indicator 3-4 rating options based on whether charter holder met the standard
© 2013 Operational Performance Standards ROUND TABLE DISCUSSION Review the sample operational performance standards, every group should be prepared to identify: Advantages and disadvantages of each If any examples have missing elements If any examples have elements to be eliminated Deal breakers for SDP to consider
© 2013 Consider… Do you prefer one set of standards over the others? If not, are there characteristics that are stronger or weaker in any? Do you have a recommendation for SDP’s operational performance standards?
© 2013 Questions?
© Minute Break
© 2013 Academic performance was considered with stakeholders in July and August. We just considered operational performance. Our next task is to consider financial performance standards for charter schools. Operational Performance Standards
© 2013 Financial Performance Standards The charter school law requires that the authorizer be given ongoing access to the records and facilities of the charter school to ensure legal compliance
© 2013 Financial Performance Standards When making renewal decisions, SDP currently considers the following items to assess the financial health of a school: Enrollment Audit Financial Review (Independent Auditor Report) Health of Business Indicators Current Ratio Unrestricted days Cash Enrollment Variance Debt Default Total Margin Debt to Asset Ratio
© 2013 Financial Performance Standards -Consider Theses Examples- Common Design Elements Indicators, Measures, Metrics, Targets, and Ratings Indicators include Near-term and Long-term 6-7 Measures are used to evaluate an indicator Standard metrics for evaluation 3-4 rating options determine whether charter holder met the standard
© 2013 Financial Performance Standards ROUND TABLE DISCUSSION Review the sample financial accountability standards, every group should be prepared to identify: Advantages and disadvantages of each If any examples have missing elements If any examples have elements to be eliminated Deal breakers for SDP to consider
© 2013 Consider… Do you prefer one set of standards over the other? If not, are there characteristics that are stronger or weaker from either? Do you have a recommendation for SDP’s financial performance standards?
© 2013 Questions?
© 2013 Session Objectives Have we… Worked to develop standards for SDP’s oversight of charter school’s financial and operational performance through a process that is objective, transparent, and comprehensive. Gathered stakeholder ideas and perspective while relying on a wide-range of sources to inform the development of SDP’s standards for oversight of charter school’s financial and operational performance. Ensured that matters of financial management and compliance do not get in the way of a school’s ability to provide a high quality education to its students.
© 2013 Next Steps Jen Nagourney, SDP
© 2013 Thank You Questions? Follow-up? David Hartman, SchoolWorks
© Cummings Center, Suite 236C, Beverly, MA SDP Charter School PerformanceStandards Performance Standards WorkGroup Work Group Pt. 2 September.
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